What would be the effect on the accounts if the business provided services to a customer on account? O A. An asset would be debited and an expense credited. OB. An asset would be debited and Revenue credited. O C. Capital would be debited and Revenue credited. OD. An asset would be debited and Capital credited. Click to select your answer. Type here to search one A Net income or net loss for a period is calculated by the following formula: We O A. total revenues + total expenses - total withdrawals - assets. O B. total revenues - total expenses + capital. O c. total liabilities - total revenue. OD. total revenues - total expenses. What would be the effect on the accounts if the owner invested cash into the business? O A. An asset would be debited and Capital credited. OB. An Revenue would be debited and Capital credited. OC. Withdrawals would be debited and an asset credited. OD. An asset would be debited and a revenue credited. Click to select your answer. Type here to search o e Which of the following types of accounts has a normal debit balance? O A. Withdrawals OB. Assets O C. Expenses O D. All of these answers are correct