Sunday
April 20, 2014

Homework Help: accounting

Posted by ashton on Friday, February 8, 2013 at 7:47pm.

Which of the following statements is incorrect?

a. The normal balance of accounts receivable is a debit.
b. The normal balance of an expense account is a credit.
c. The normal balance of the owner's capital account is a credit.
d. The normal balance of unearned revenues is a credit.
e. The normal balance of owner's withdrawals is a debit.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

ACCOUNTING - This is our next assignemt due. I do not know where to begin ...
chemistry - Tetraphosphorus trisulphide (P4S3) is used in the match heads of ...
math help - Use the following table to answer the questions. (Give your answers ...
accounting - Discuss in 200 to 300 words, each of the four financial statements...
accounting - I am having trouble finding the following: What items appear on the...
accounting, correction - can someone correct these for me thanks. If you have a ...
math - Can someone please help me on these I have look at the examples and done ...
Accounting - What is the difference between cash basis and accrual basis ...
accounting - Can anyone tell me how a company uses comparative statements in ...
Managerial Accounting - Please give an example of how you would use each of the ...

Search
Members