A Debit Is Not the Normal Balance for Which of the Accounts

question 129

Multiple Choice

A debit is not the normal balance for which of the accounts listed below?

• A)Dividends
• B)Cash
• C)Accounts Receivable
• D)Service Revenue

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Definitions:

Culturally Competent

Refers to the ability of individuals and organizations to effectively interact, work, and understand cultures different from their own.

Nonprofit Administrations

The management and governance of organizations that aim to serve the public good without the goal of generating profit.

Maximize Profits

A strategy or objective focused on increasing a business's earnings to the highest possible level.

Culturally Competent

indicates the ability to understand, appreciate, and interact effectively with people from diverse cultural backgrounds.