Which of the following accounts have only credit balance

Asked by admin @ 17/08/2021 in Accountancy viewed by 462 People

Which of the following accounts have only credit balance? (a) Reserve fund account (b) Capital account (c) Accounts payable (d) All of these

Answered by admin @ 17/08/2021

Answer:

all of these

brainliast answer plzz

Which of the following accounts has a normal credit balance

Asked by maham237 @ 01/01/2021 in Business viewed by 328 persons

Which of the following types of accounts have a normal credit balance? A. liabilities and expenses B. common stock and dividends C. revenues and common stock D. assets and liabilities

Sales discounts is a revenue account with a credit balance

Asked by admin @ 22/11/2021 in Business viewed by 313 persons

The Sales Discounts Forfeited account ________. Select one: A. represents additional sales revenue B. is a contra Sales Revenue account C. is a balance sheet account D. represents the discount …

A credit is not the normal balance for which account

Asked by admin @ 10/11/2021 in Business viewed by 314 persons

Assuming normal balances, which of the following statements is not true for T accounts? a.The excess of the credits of a liability account over the debits is the balance of …

The normal balance of an expense account is a credit

Asked by admin @ 10/11/2021 in Business viewed by 278 persons

For the accounts listed below, indicate if the normal balance of the account is a debit or credit. Accounts Normal Balance 1. Service Revenue 2. Rent Expense 3. Accounts Receivable …

Does accounts receivable have a normal debit or credit balance

Asked by admin @ 29/10/2021 in Business viewed by 326 persons

Account(s) with a normal credit balance include:_________. A) Accounts Receivable B) Allowance for Uncollectible Accounts C) Bad Debt Expense D) Cash E) Sales Revenue

The credit balance of income and expenditure account

Asked by admin @ 26/08/2021 in Accountancy viewed by 489 persons

The credit balance of an income and expenditure account indicates Deficit

Any credit balance in a vendor subsidiary account is an unpaid balance owed

Asked by maham237 @ 01/12/2020 in Business viewed by 331 persons

true or false.

Which of the following accounts has a normal debit balance

Asked by admin @ 26/11/2021 in Business viewed by 377 persons

Which accounts have a normal credit balance? choose all answers that are correct A) Supplies B) Accounts Payable C) Cash D) Insurance E) Capital F) Sales

Which of the following accounts normally has a debit balance

Asked by admin @ 26/11/2021 in Business viewed by 332 persons

For the following, mark a "D" if the following account normally has a debit balance and mark a "C" if the following account normally has a credit balance. 1. Notes …

Credit balance of bank account in cash book shows

Asked by admin @ 13/08/2021 in Accountancy viewed by 545 persons

Credit balance in the bank column of cash book shows:

Which of the following is not a credit card perk? o a. college points o b. miles o c. cash back o d. balance transfer

Asked by maham237 @ 13/01/2021 in Mathematics viewed by 340 persons

After each transaction the accounting equation must remain in balance

Asked by admin @ 27/11/2021 in Business viewed by 342 persons

Which of the following statements below lists the rules of entering transactions into the accounting equation? a. The accounting equation can be out of balance only when payment will be …

Which of the following types of credit is considered secured

Asked by admin @ 22/11/2021 in Social Studies viewed by 293 persons

Which of the following types of credits would best describe credit cards? a. closed and secured b. closed and unsecured c. open and secured d. open and unsecured

The post closing trial balance contains balance sheet accounts only

Asked by admin @ 05/11/2021 in Business viewed by 324 persons

A post closing trial balance is a list of permanent accounts and their balances afterclosing entries have been journalized and recorded in the accounting system. These accounts will be carried …

The current account in a nation's balance of payments includes

Asked by admin @ 05/11/2021 in Business viewed by 309 persons

Which of the following are included in a nation’s balance of payments accounts?I. International tradingII. International lendingIII. Domestic investmentI only.I and II only.I and III only.II and III only.