By their nature, liability, revenue, and equity accounts usually have more credits than debits and are said
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Question:
By their nature, liability, revenue, and equity accounts usually have more credits than debits and are said to have a __________.
normal credit balance.
normal debit balance.
general ledger.
contra account.
Related Book For
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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