Answer: B. Asset; Debit
Most relevant text from all around the web:
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. revenue; debit B. expense; credit C. liability; debit D. liability; credit Weegy: The accounts payable account is a/an liability; and it has a normal credit balance. zialee|Points 94| User: When an owner records a credit for $650 for revenue earned but not yet received the amo...
Disclaimer:
Our tool is still learning and trying its best to find the correct answer to your question. Now its your turn, "The more we share The more we have". Comment any other details to improve the description, we will update answer while you visit us next time...Kindly check our comments section, Sometimes our tool may wrong but not our users.
Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment
No comments:
Post a Comment