Identify the Accounts That Would Normally Have Balances in the Credit

question 9

Multiple Choice

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

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

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Definitions:

Jejunum

The middle segment of the small intestine, involved in the absorption of nutrients from digested food.

Cystic Duct

The duct that connects the gallbladder to the common bile duct, allowing bile to flow into and out of the gallbladder.

Hepatic Duct

A bile duct that conveys bile from the liver to the duodenum.

Bile Duct

A series of thin tubes that move bile from the liver and gallbladder to the small intestine.