Which of the following accounts has a debit balance?
A)Accounts payable.
B)Accrued taxes.
C)Accumulated depreciation.
D)Advertising expense.

Question

Quizplus · Accepted Answer

Advertising expense is an expense account and all expense accounts have debit balances. Accounts payable and accrued taxes are liabilities accounts and accumulate depreciation is a contra asset account, which means they have credit balances.

Which of the Following Accounts Has a Debit Balance