Accounts Receivable Is A(n)________ Account and Has a Normal ________

question 154

Multiple Choice

Accounts Receivable is a(n) ________ account and has a normal ________ balance.

• A) liability; debit
• B) asset; debit
• C) liability; credit
• D) asset; credit

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Definitions:

Business Relationship

The connection and interactions between two or more businesses, often involving collaboration, transactions, or partnerships.

Regional Specialists

Experts who have a deep understanding and knowledge of a specific geographic area.

Translation Software

Computer programs designed to translate text or speech from one language to another.

Multiple Cultures

The coexistence and interaction of diverse cultural traditions and practices within a society or between societies.