In terms of debits and credits, which types of accounts will have the same (debit or...
In terms of debits and credits, which types of accounts will have the same (debit or credit) normal balance?
a.Expenses, liabilities, and capital stock
b.Assets, capital stock, and revenues
c.Dividends, expenses, and assets
d.Retained earnings, dividends, and liabilities
Homework Answers
Answers: C) Dividend, Expenses, and Assets
From the Above Account
Dividend = Debit Balance
Expenses = Debit Balance
Assets = Debit Balance
Liabilities = Credit Balance
Capital Stock = Credit Balance
Revenue = Credit
Dividend , Asset and Expenses are the same
Balance
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In terms of debits and credits, which types of accounts will
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