Which One of the Following Account Groups Normally Has a Credit

question 208

Multiple Choice

Which one of the following account groups normally has a credit balance?

• A) assets and liabilities
• B) equity and assets
• C) liabilities and revenues
• D) assets and expenses

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Definitions:

Social Programs

Government initiatives designed to provide support and assistance to the population, such as healthcare, education, and housing.

Remedial Programs

Educational programs designed to improve skills in areas where students are underperforming or lacking, often focusing on reading, writing, and mathematics.

Special Education

Tailored education programs designed to meet the unique needs of students with disabilities or exceptionalities.

Indigenous Students

Students who identify with or belong to the original inhabitants of a region or country and may face unique cultural, educational, and social challenges within academic settings.