For Expenses,the Category of Account and Its Normal Balance Is

question 191

Multiple Choice

For expenses,the category of account and its normal balance is ________.

• A) equity and a credit balance
• B) assets and a debit balance
• C) assets and a credit balance
• D) equity and a debit balance

---

Definitions:

Cashier's Check

A check issued by a bank, drawn on its own funds rather than that of the purchaser, guaranteeing payment to the payee.

Issuer

An entity that issues and is responsible for a financial instrument, such as bonds, stocks, or credit cards.

Forged Signature

A signature that is fraudulently imitated or duplicated without the rightful owner's permission, often to deceive or commit a crime.

Authentic

Genuine, real, or true; not counterfeit or copied, typically referring to objects, documents, or artifacts.