Identify the Statement Below That Is Incorrect

question 170

Multiple Choice

Identify the statement below that is incorrect.

• A)The normal balance of accounts receivable is a debit.
• B)The normal balance of dividends is a debit.
• C)The normal balance of unearned revenues is a credit.
• D)The normal balance of an expense account is a credit.
• E)The normal balance of the common stock account is a credit.

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Definitions:

Helping And Concern

Acts and attitudes showcasing care, consideration, and assistance towards others, especially in times of need.

Honesty

A moral quality featuring truthfulness, integrity, and straightforwardness in actions and communications.

Fairness

The impartial and just treatment or behavior without favoritism or discrimination.

High Power Distance

A cultural dimension that indicates a society's acceptance of inequality and hierarchical differences among its members.