Which of the Following Accounts Has a Normal Debit Balance

question 21

Multiple Choice

Which of the following accounts has a normal debit balance?

• A) Dividends
• B) Common Stock
• C) Unearned Fees
• D) Retained Earnings

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Definitions:

Diverse Factors

A variety of elements or conditions that contribute to the complexity or outcome of a situation.

Surrounding Society

The social environment and community that envelops an individual or group, influencing their behaviors and beliefs.

Disabilities

Physical or mental conditions that limit a person's movements, senses, or activities.

Cultural Influences

The impact of culture on the values, behaviors, and practices of individuals and societies.