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Which of these accounts would normally have a debit balance?
(2 points)

a. Prepaid expenses
b. Unearned Revenue
c. Wages Payable
d. Retained earnings

2006-10-03 15:19:59 · 3 answers · asked by Anonymous in Business & Finance Other - Business & Finance

3 answers

A. Prepaid expenses

Assets and expenses are typically debits.

Liabilities and equity are typically credits.

2006-10-03 16:23:05 · answer #1 · answered by Schemer 1 · 0 0

Assets usually have a debit balance.

2006-10-03 15:32:32 · answer #2 · answered by cashmaker81 6 · 0 0

revenue and retained earnings

2006-10-03 15:25:36 · answer #3 · answered by Christie 2 · 0 0

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