Question: Assuming normal account balances, the following statement is true when balancing a T - account or Ledger? Assets normally have debit balances. Common Stock normally
Assuming normal account balances, the following statement is true when balancing a T account or Ledger?
Assets normally have debit balances.
Common Stock normally has a debit balance.
Liabilities normally have debit balances.
Revenues normally have debit balances.
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