menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial and Managerial Accounting Study Set 8
  4. Exam
    Exam 3: The Accounting Cycle: Capturing Economic Events
  5. Question
    Which of the Following Accounts Normally Has a Debit Balance
Solved

Which of the Following Accounts Normally Has a Debit Balance

Question 26

Question 26

Multiple Choice

Which of the following accounts normally has a debit balance?


A) Accounts payable.
B) Retained earnings.
C) Accounts receivable.
D) Service revenue.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Recording transactions journal entry grid<br>A list of

Q22: A credit to a ledger account refers

Q23: Which of the following is not true

Q24: Sue Costa,owner of A-1 Cleaning Services,invested an

Q25: Increases in owners' equity are recorded by

Q27: Clinton prepares monthly financial statements.Which of the

Q28: Accounting terminology<br>Listed below are nine technical accounting

Q29: [The following information applies to the questions

Q30: Dividends are an expense to a corporation

Q31: [The following information applies to the questions

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines