An Awareness of the Normal Balances of Accounts Would Help

question 13

Multiple Choice

An awareness of the normal balances of accounts would help you spot which of the following as an error in recording?

• A) A debit balance in the dividends account
• B) A credit balance in an expense account
• C) A credit balance in a liabilities account
• D) A credit balance in a revenue account

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Definitions:

Silicates

Minerals that contain silicon and oxygen, often with one or more metals, forming the majority of the Earth's crust.

Element Si

Silicon, a chemical element with symbol Si, known for its semiconductor properties and abundant use in electronic devices.

Quartz

A hard, crystalline mineral composed of silicon dioxide, notable for its durability and its use in making jewelry and electronic equipment.

Oxides

Compounds composed of oxygen and another element, which can form minerals and play significant roles in geological processes.