On the trial balance, which account balances should be listed in the debit column?
A)Assets, Revenues, and Dividends
B)Liabilities, Revenues, and Common Stock
C)Assets, Dividends, and Expenses
D)Liabilities, Revenues, and Dividends

Question

Quizplus · Accepted Answer

Assets, Dividends, and Expenses are typically listed in the debit column of a trial balance because they increase with a debit and decrease with a credit, following the rules of double-entry accounting.

On the Trial Balance, Which Account Balances Should Be Listed