Question: Lease Expense (Select one or more than one): a. Normal balance is DR b. Normal balance is CR c. It is an asset account d.
Lease Expense (Select one or more than one):
a. Normal balance is DR
b. Normal balance is CR
c. It is an asset account
d. It is a contra-account of Active
and. It is a Debt account (liability)
F. It is a contra-account of Debt
g. It is a Capital account (equity)
h. It is an account of the Statement of Income and Expenses
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