Which of the Following Accounts Normally Have a Debit Balance

question 84

Multiple Choice

Which of the following accounts normally have a debit balance?

• A)Prepaid expenses, wages payable, and dividends.
• B)Cash, utilities expense, and accounts receivable.
• C)Retained earnings, cost of goods sold, and wages expense.
• D)Utilities expense, prepaid expenses, and wages payable.

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Definitions:

Constructs

Constructs are theoretical concepts developed in the human mind that are used in various fields to describe ideas or phenomena that are believed to exist but are not directly observable.

Measures

Quantitative or qualitative criteria used to evaluate, compare, or track performance or progress.

Data Collection

The process of gathering and measuring information on targeted variables in an organized manner, enabling analysis and conclusions.

Worker

An individual engaged in a task, job, or duty, often in exchange for compensation or salary.