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    Financial and Managerial Accounting Study Set 4
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    Exam 2: Analyzing Transactions
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    The Classification and Normal Balance of the Supplies Expense Account
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The Classification and Normal Balance of the Supplies Expense Account

Question 68

Question 68

Multiple Choice

The classification and normal balance of the supplies expense account is a(n)


A) asset with a debit balance
B) asset with a credit balance
C) expense with a debit balance
D) liability with a credit balance

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