Basic Financial Accounting Short Questions: Which of the following groups of accounts have a normal debit balance?
Select one alternative:
A revenues, liabilities and capital
B assets and expenses
C liabilities and capital
D capital and assets

Question

Which of the following groups of accounts have a normal debit balance? 
Select one alternative:
A revenues, liabilities and capital
B assets and expenses
C liabilities and capital
D capital and assets

Gonza R · Accepted Answer

B assets and expenses

Basic Financial Accounting Short Questions

Which of the following groups of accounts have a normal debit balance? Select one alternative: A revenues, liabilities and capital B assets and expenses C liabilities and capital D capital and assets

B assets and expenses

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