Which of the following accounts does not have a debit balance?
A)Prepaid expenses.
B)Insurance expense.
C)Unearned revenue.
D)Investments.

Question

Quizplus · Accepted Answer

Unearned revenue is a liability account and therefore has a credit balance. A prepaid expense is an asset account, an insurance expense is an expense account, and investments are also asset accounts that would have debit balances.

Which of the Following Accounts Does Not Have a Debit