All of the following accounts have normal debit balances except
A)Accounts Receivable.
B)Dividends.
C)Office Supplies Expense.
D)Sales.

Name: All of the following accounts have normal debit balances except A)Accounts Receivable. B)Dividends. C)Office Supplies Expense. D)Sales.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

Sales accounts typically have a normal credit balance, as they represent income earned by the business. Accounts Receivable, Dividends, and Office Supplies Expense all have normal debit balances.

All of the Following Accounts Have Normal Debit Balances Except