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:

Researcher

An individual who systematically investigates and studies materials and sources to establish facts and reach new conclusions.

Online Experiments

Research studies conducted over the internet, allowing for the collection of data from a wide and diverse group of participants.

Causality

The relationship between cause and effect, where one variable is demonstrated to directly cause a change in another variable.

Attrition

The loss of participants from a study over time, which can impact the validity of research outcomes.