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:

Abnormal Behavior

Actions, thoughts, or feelings outside the societal norm that impair an individual's functioning.

Generalized Anxiety Disorder

A chronic condition characterized by excessive, uncontrollable worry about a wide range of topics, not limited to specific situations.

Professional Help

Assistance provided by certified or qualified professionals in various fields, such as medical, psychological, or legal, aimed at addressing specific issues or needs.

Type Of Fear

A specific kind of fear that is associated with particular objects, situations, or activities, often rooted in personal experiences or learned behaviors.