Question
By their nature, liability, revenue, and equity accounts usually have more credits than debits and are said to have a __________. normal credit balance. normal
By their nature, liability, revenue, and equity accounts usually have more credits than debits and are said to have a __________.
normal credit balance.
normal debit balance.
general ledger.
contra account.
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
12th edition
007802529X, 1259969525, 978-1260565492
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