A debit balance is a normal balance for which type of account? A. Accounts payable B. Revenue C. Accounts receivable D. Owner’s capital
I think D?
That is what I would put
According to this http://www.accountingcoach.com/blog/debits-credits I think it's Accounts payable. Here's why: the other three are good things a business wants to increase and have more of. They want more revenue, more capital or more Accounts receivable (basically notes on the book that keeps track of who owes what to you). The only thing that doesn't fit and what the business doesn't want is Accounts payable. They would want to keep this figure as small as possible so they aren't in as much debt. Of course, they still should keep track of this item.
okay thank you
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