Which group of accounts contains only those that normally have a debit balance?
A)Trade receivables; Accumulated depreciation; Fees earned.
B)Bond investment; Cash; Share capital.
C)Cash; Inventory; Prepaid insurance.
D)Notes receivable; Wages payable; Operating expenses.

Question

Quizplus · Accepted Answer

Assets such as Cash, Inventory, and Prepaid Insurance normally have a debit balance.

Which Group of Accounts Contains Only Those That Normally Have