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    Financial Accounting Asia
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    Exam 3: The Accounting Cycle: Capturing Economic Events
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    Which of the Following Accounts Normally Has a Credit Balance
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Which of the Following Accounts Normally Has a Credit Balance

Question 103

Question 103

Multiple Choice

Which of the following accounts normally has a credit balance?


A) Cash.
B) Service revenue.
C) Accounts receivable.
D) Utilities.

Correct Answer:

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