All of the following accounts have normal credit balances except
A)Accounts Payable
B)Common Stock Capital Stock)
C)Investments
D)Service Revenue

Name: All of the following accounts have normal credit balances except A)Accounts Payable B)Common Stock Capital Stock) C)Investments D)Service Revenue
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Question

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Accounts Payable, Common Stock, and Service Revenue are all examples of accounts with normal credit balances. Investments, on the other hand, is an asset account, which typically has a normal debit balance.

All of the Following Accounts Have Normal Credit Balances Except