9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of...

Question

Question

Answer 1

Answer #1

Answer: Owners equity and normal balance is Debit balance

Explanation:

Normally drawing account is a contra owners equity account which has a normal balance of debit and it is closed to owners equity at the year end.

So remaining options are incorrect

Answer 2

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