Which of the following accounts has a normal credit balance? X a. Accounts Receivable b. Yura Wun, Capital c. Supplies Expense d. Copyrights
Which of the following accounts has a normal credit balance? X a. Accounts Receivable b. Yura Wun, Capital c. Supplies Expense d. Copyrights
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 1Q: Explain what is meant by the term real accounts (also known as permanent accounts).
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