Of the following accounts, the one that normally has a debit balance is
A)Accounts Receivable.
B)Accounts Payable.
C)Unearned Revenue.
D)Ted Neal, Capital.
E)Sales Revenue.

Name: Of the following accounts, the one that normally has a debit balance is A)Accounts Receivable. B)Accounts Payable. C)Unearned Revenue. D)Ted Neal, Capital. E)Sales Revenue.
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Question

Quizplus · Accepted Answer

Accounts Receivable is an asset account, and asset accounts typically have a debit balance.

Of the Following Accounts, the One That Normally Has a Debit