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:

Entrepreneurs' Behaviors

The actions, decisions, and practices of entrepreneurs as they undertake the creation and growth of their businesses.

Dees And Colleagues

Refers to J. Gregory Dees, a scholar known for his work on social entrepreneurship, and his associates in the academic or professional field.

Psychological Characteristics

The traits, behaviors, and mental processes that define an individual's personality and way of thinking.

Entrepreneurs

Individuals who create and manage a business venture, taking on financial risks in the hope of profit.