Solved

Consider the Following List of Accounts: How Many of These

Question 93

Multiple Choice

Consider the following list of accounts: How many of these accounts have a normal debit balance?
 Cash  Retained Earnings  Service Revenue  Utilities Expense  Salaries Expense  Accounts Receivable  Accounts Payable  Common Stock  Equipment  Dividends \begin{array} { | l | l | } \hline \text { Cash } & \text { Retained Earnings } \\\hline \text { Service Revenue } & \text { Utilities Expense } \\\hline \text { Salaries Expense } & \text { Accounts Receivable } \\\hline \text { Accounts Payable } & \text { Common Stock } \\\hline \text { Equipment } & \text { Dividends } \\\hline\end{array}


A) Four.
B) Five.
C) Six.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents