Which accounts normally have debit balances? (a) Assets, expenses, and revenues. (b) Assets, expenses, and retained earnings.

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Which accounts normally have debit balances?

(a) Assets, expenses, and revenues.

(b) Assets, expenses, and retained earnings.

(c) Assets, liabilities, and dividends.

(d) Assets, dividends, and expenses.

AppendixLO1

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 24, 2024 10:05 AM

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Which accounts normally have debit balances? (a) Assets, expenses, and revenues. (b) Assets, expenses, and retained earnings.

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Financial Accounting Tools For Business Decision Making

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