Which of the Following Is True Regarding Normal Balances of Accounts

question 201

Multiple Choice

Which of the following is true regarding normal balances of accounts?

• A) All accounts have a normal debit balance.
• B) The normal balance of all accounts will have either a positive or negative balance.
• C) Accounts that have a normal debit balance will only have debit entries, never credit entries.
• D) The normal balance is on the increase side of the account.

---

Definitions:

Senior User's Mark

The trademark claim held by the individual or entity that used a particular mark in commerce first, giving them seniority in rights over subsequent users.

Toys "R" Us

A formerly dominant retail company specializing in toys and children's products.

Actual Confusion

The real and genuine confusion experienced by consumers between two similar marks or products.

Domain Name

The address where internet users can access your website, essentially a human-readable form of an IP address.