Which of the following groups of accounts are increased with a debit?
A) assets, liabilities, stockholders' equity
B) assets, dividends, expenses
C) assets, revenues, expenses
D) assets, liabilities, revenues

Question

Quizplus · Accepted Answer

The normal balance for assets, dividends, and expenses is a debit. Liabilities, stockholders' equity, and revenues have a normal balance of credit. Therefore, option B is the only group that includes all accounts with a normal debit balance.

Which of the Following Groups of Accounts Are Increased with a Debit