Identify the Accounts That Would Normally Have Balances in the Credit

question 33

Multiple Choice

Identify the accounts that would normally have balances in the credit column of a business's trial balance

• A)Liabilities and expenses.
• B)Assets and revenues.
• C)Revenues and expenses.
• D)Revenues and liabilities.
• E)Withdrawals and liabilities.

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Definitions:

Openness to Change

The willingness or readiness of an individual or organization to adapt and embrace changes in their environment or internal practices.

Conditions Precede

Circumstances or criteria that must occur or be met before a certain event can happen.

Inappropriate Behavior

Acts or actions that are deemed unacceptable in a social or professional setting.

Imagine Themselves

The ability of individuals to envision or conceive of themselves in different scenarios or situations.