[Answer] The Accounts Recievable account is a(n)_____ account and carries a ____ normal balance.a.Liability;Debit b.Asset;Debit c.Liability;Credit d.Asset;Credit

Answer: B. Asset; Debit

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The Accounts Recievable account is a(n)_____ account and carries a ____ normal balance.a.Liability;Debit b.Asset;Debit c.Liability;Credit d.Asset;Credit Expenses decrease owner's equity so an expense account's normal balance is a debit balance. TRUE The Accounts Recievable account is a(n )_____ account and carries a ____ normal balance. Start studying Acctg. 211 - Ch. 2 Practice Exam. Learn vocabulary terms and more with flashcards games and other study tools. ... the accounts receivable account is a ____ account and carries a ____ normal balance. asset; debit. the accounts payable account is a ____ account and carries a ____ normal balance. liability; credit. for a cash ... B. expenses decrease stockholders' equity so an expense account's normal balance is a credit balance. C. expenses increase stockholders' equity so an expense account's normal balance is a debit balance. D. expenses decrease stockholders' equity so an expense account's normal … User: The accounts payable account is a/an _____ and it has a normal _____ balance.A. ...

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