Which of the following accounts will normally have a debit balance? A. Common Stock B. Fees Earned
Question:
Which of the following accounts will normally have a debit balance?
A. Common Stock
B. Fees Earned
C. Supplies
D. Accounts Payable
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
The correct answer is D Accounts Payable Accounts payable is a current liability account that repres...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
1. Which of the following accounts will not normally have a zero balance after the closing entries have been posted? A. Income Summary B. Fees Income C. The owner's capital account D. Rent Expense 2....
-
Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Payable b. Accumulated Depreciation c. Ben Crayton, Capital d. Ben Crayton, Drawing e. Cash f....
-
Which of the following accounts will usually appear in the post-closing trial balance? a. Accounts Payable b. Accumulated Depreciation c. Casey Ryan, Capital d. Casey Ryan, Drawing e. Cash f....
-
Water is pumped out of a holding tank at a rate of 5 5e 0.12t liters/minute, where t is in minutes since the pump is started. If the holding tank contains 1000 liters of water when the pump is...
-
Calculate the YTM for a 10 year zero coupon bond sold at $400. Recalculate the YTM if the bond had been priced at $300.
-
Mean number of penalty minutes for NHL players using the data in Ottawa Senators with n = 24, x = 49.58, and s = 49.14 Use StatKey or other technology to generate a bootstrap distribution of sample...
-
Determine if the mixed method aspect is concurrent, sequential,, or nested. Develop a hypothetical research scenario that would necessitate the use of the Mixed Method A-B-A Design. The research will...
-
Asquith Electric sold $750,000, 10%, 10-year bonds on January 1, 2014. The bonds were dated January 1 and paid interest on January 1 and July 1. The bonds were sold at 104. Instructions (a) Prepare...
-
Business Scenario The ABC corporation is a newly established company and the owner is looking for an efficient method of collecting, storing, and manipulating data. The corporation offers a variety...
-
1. Complete pages 1 and 2 of Form 1040 for Marc and Michelle. 2. Complete Schedule 1 of Form 1040 for Marc and Michelle. (use the most recent form available). Form 1040: Not sure if correct? Schedule...
-
A business has the following transactions: A. The business is started by receiving cash from an investor in exchange for common stock $10,000. B. Rent of $1,250 is paid for the first month. C. Office...
-
What type of account is prepaid insurance? A. Stockholders Equity B. Expense C. Liability D. Asset
-
To understand the role of quality and price in influencing the patronage of drugstores, 14 major stores in a large metropolitan area were rated in terms of preference to shop, quality of merchandise,...
-
You want to buy a car, and a local bank will lend you $30,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 4% with interest paid monthly. What...
-
how does integrity reflect in the characters in The Black Cat from Edgar Allan Poe
-
Radisson Homes Ltd. has a December 31, 2020 year end. The controller has calculated the Company's 2020 income as $90,000. However, in arriving at this amount, the controller deducted $20,000 of...
-
At the beginning of last year, you invested $3,600 in 90 shares of the Chang Corporation. During the year, Chang paid dividends of $5 per share. At the end of the year, you sold the 90 shares for $48...
-
Calculate the cycles needed using_delay a) 751.5 ms with fosc = 8 MHz OSC b) 275.65 ms with fosc = 2 MHz OSC What is the maximum delay using_delay with 50 463 240 cycles?
-
If x is an eigenvector of A with eigenvalue = 3, show what x is also an eigenvector of A2 - 5A + 2I. What is the corresponding eigenvalue?
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
Identify several causes of an unfavorable material price variance.
-
Which of the following is a possible cause of an unfavorable material price variance? A. Purchasing too much material B. Purchasing higher-quality material C. Hiring substandard workers D. Buying...
-
The fixed factory overhead variance is caused by the difference between which of the following? A. Actual and standard allocation base B. Actual and budgeted units C. Actual fixed overhead and...
-
Although the total economic surplus rises when your province lowers its minimum wage law, the change leads to a significant decline in the incomes of low wage workers. How could your state address...
-
Under current law, Americans pay 6.2% of their salary into their Social Security account, and their employer also contributes an amount equal to 6.2% of the salary to the employee's Social Security...
-
What is the role and importance of labour law? Identify three events that were key to the evolution of labour law in Canada. ?
Study smarter with the SolutionInn App