The Normal Balance of a Revenue Account Is a __________

question 89

Multiple Choice

The normal balance of a revenue account is a __________ because revenues increase __________.

• A)debit, assets
• B)debit, expenses
• C)debit, stockholders' equity
• D)credit, stockholders' equity

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Definitions:

Hypothetical Syllogism

A form of logical reasoning with two conditional ("if-then") statements followed by a conclusion that combines their hypothetical premises.

Representative

An individual or group chosen to act or speak on behalf of a larger body.

Reputation

A general belief or opinion about someone or something's character or quality.

Enthymeme

A shortened argument that omits a premise or conclusion, assuming it is obvious.