18A debit is not the normal balance for which of the following?O a) Asset account21O b) Dividends account24O c) Expense account27O d) Common stock account

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Description: 18A debit is not the normal balance for which of the following?O a) Asset account21O b) Dividends account24O c) Expense account27O d) Common stock account

Normal debit balance include assets expenses and losses Nature of Account Normal Balance…

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Accounting

A debit is not the normal balance for which of the following? O a) Asset account b) Dividends account O c) Expense account O d) Common stock account

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 36MC: Which set of accounts has the same type of normal balance? A. Cash, accounts payable B. Prepaid...

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