Which of the following accounts normally does not have a debit balance?
A)Accounts receivable.
B)Cash.
C)Building.
D)Capital Stock.

Name: Which of the following accounts normally does not have a debit balance? A)Accounts receivable. B)Cash. C)Building. D)Capital Stock.
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Question

Quizplus · Accepted Answer

Capital Stock is a part of owners' equity and normally has a credit balance. Accounts receivable, cash, and building are all asset accounts that have a natural debit balance.

Which of the Following Accounts Normally Does Not Have a Debit