An account with a normal debit balance is most often an asset or revenue account.
Correct Answer:
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Q147: The normal balance of an account:
A)falls on
Q148: Prepare the journal entry(ies)for the following transactions:
May
Q149: Prepare the journal entry for the following
Q150: The normal balance of a revenue account
Q151: When a trial balance is out of
Q153: The financial statements can be prepared from
Q154: Accounts are listed in random order in
Q155: Prepare the journal entry for the following
Q156: The normal balance of an expense account
Q157: The trial balance for James Corporation shows
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