A credit is not the normal balance for which account listed below?
A) Common Stock account
B) Revenue account
C) Liability account
D) Dividends account
Correct Answer:
Verified
Q24: The left side of an account is
A)
Q59: The normal balance of any account is
Q69: Powers Corporation received a cash advance of
Q75: A paid dividend
A)decreases assets and stockholders' equity.
B)increases
Q78: Comstock Company provided consulting services and billed
Q79: An expense
A) decreases assets and liabilities.
B) decreases
Q83: The receipt of cash in advance from
Q86: A T-account is
A)a way of depicting the
Q93: Debits
A)increase both assets and liabilities.
B)decrease both assets
Q98: An account is a part of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents