---> The normal balance of each of the five basic categories of balance sheet and income statement accounts are either debit or credit balance. Which of the following is not correct? { Hint: remember our basic rules for writing Journal Entries and using General Ledger accounts. Cash is an Asset. Get Cash is a Debit. The Sum of Debits and Credits must = 0 (balance) }

a) liability: a credit balanced account

b) expense: a debit balanced account

c) asset: a credit balanced account

---> A direct expense is

a) controllable by the accountant employed by the business

b) the responsibiliyy of and controllable by a department head

c) allocated to a department without a supporting invoce