Question: Notes payable normally has a ____________________balance because it is a(n) ______________________account. A. debit, asset B. debit, expense C. credit, stockholders' equity D. credit, liability

Notes payable normally has a ____________________balance because it is a(n) ______________________account.

A.

debit, asset
B.

debit, expense
C.

credit, stockholders' equity
D.

credit, liability

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