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Which of the following correctly identifies normal balances of accounts? Assets Liabilities Common Stock Revenues Expenses Credit Debit Debit Credit Debit Assets Liabilities Common Stock

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Which of the following correctly identifies normal balances of accounts? Assets Liabilities Common Stock Revenues Expenses Credit Debit Debit Credit Debit Assets Liabilities Common Stock Revenues Expenses Debit Credit Credit Credit Debit Assets Liabilities Common Stock Revenues Expenses Debit Credit Credit Debit Credit Assets Liabilities Common Stock Revenues Expenses Debit Credit Credit Credit Credit Which of the following journal entries is recorded correctly and in the basic format? Salaries and Wages Expense Advertising Expense Cash 530 910 1440 530 Salaries and Wages Expense Advertising Expense Cash 910 1540 530 Salaries and Wages Expense Cash Advertising Expense 1440 910 1440 Cash Salaries and Wages Expense Advertising Expense 530 910

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