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Which of the following correctly identifies normal balances of accounts? Assets Debit Liabilities Credit Owner's Equity Credit Revenues Debit Expenses Credit Assets Debit Liabilities Credit

Which of the following correctly identifies normal balances of accounts?

Assets Debit
Liabilities Credit
Owner's Equity Credit
Revenues Debit
Expenses Credit

Assets Debit
Liabilities Credit
Owner's Equity Credit
Revenues Credit
Expenses Credit

Assets Credit
Liabilities Debit
Owner's Equity Debit
Revenues Credit
Expenses Debit

Assets Debit
Liabilities Credit
Owner's Equity Credit
Revenues Credit
Expenses Debit

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