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Mathematics 7 Online
OpenStudy (anonymous):

A debit balance is a normal balance for which type of account? A. Accounts payable B. Revenue C. Accounts receivable D. Owner’s capital

OpenStudy (anonymous):

um this is math :3

OpenStudy (anonymous):

Think about it, what is a debit balance....

OpenStudy (anonymous):

well its accounting

OpenStudy (anonymous):

im not really sure

OpenStudy (anonymous):

"The debit balance is the amount of funds the customer must put into his or her margin account, following the successful execution of a security purchase order, in order to properly settle the transaction."

OpenStudy (anonymous):

considering that, what do you think the answer is?

OpenStudy (anonymous):

"A"

OpenStudy (anonymous):

great :)

OpenStudy (anonymous):

thank you

OpenStudy (anonymous):

np :)

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