A debit is not the normal balance for which account listed below? Group of answer choices Dividends Cash Accounts Receivable Service Revenue
Question
Solution 1
A debit is not the normal balance for the Service Revenue account.
Here's why:
In accounting, each account has a normal balance, which is either a debit or a credit. This is the side (debit or credit) that increases the balance of the account.
Dividends, Cash, and Accounts Receivable are al Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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