Identify the Accounts That Would Normally Have Balances in the Debit

question 174

Multiple Choice

Identify the accounts that would normally have balances in the debit column of a business's trial balance.

• A)Assets and expenses.
• B)Assets and revenues.
• C)Revenues and expenses.
• D)Liabilities and expenses.
• E)Liabilities and dividends.

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Definitions:

Working Memory

A system for temporarily holding and manipulating information necessary for cognitive tasks such as learning, reasoning, and comprehension.

Mnemonics

Memory aids, often involving patterns or associations, such as phrases or rhymes, that facilitate the recall of information.

Peg Methods

Mnemonic techniques for memory enhancement in which items to be remembered are associated with a list of peg words known in a specific order.

Verbal Organizations

Structures and procedures for arranging words and phrases systematically to create meaningful language or discourse.