Which of the following accounts normally has a debit balance? a. Unearned Revenue b. Rent Expense c.

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Which of the following accounts normally has a debit balance?

a. Unearned Revenue
b. Rent Expense
c. Retained Earnings
d. Sales Revenue

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Dec 14, 2023 08:09 AM

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Which of the following accounts normally has a debit balance? a. Unearned Revenue b. Rent Expense c.

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The correct answer is a Unearned Revenue Explanation Unearned Revenue is a liability account ...View the full answer

Fundamentals of Financial Accounting

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