The Classification and Normal Balance of the Retained Earnings Account

question 56

Multiple Choice

The classification and normal balance of the retained earnings account is

• A)asset, debit.
• B)shareholders' equity, credit.
• C)revenues, credit.
• D)liability, debit.

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Definitions:

Temperature Control

The process of maintaining an optimal and stable internal or external temperature in a living organism or environment.

Sexual Behavior

The manner in which individuals express their sexuality, encompassing a wide range of activities and preferences.

Forebrain

The anterior part of the brain, including the cerebral hemispheres, thalamus, and hypothalamus, involved in complex behavioral and cognitive processes.

Distinct Sections

Separate or clearly differentiated parts of an object, document, or area.