Which One of the Following Account Groups Normally Has a Debit

question 192

Multiple Choice

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

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

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Definitions:

Nonlinear

Describing a process, relation, or equation in which there is not a straight line relationship between variables.

Positive

An attribute or condition that denotes the presence of a particular trait, value, or outcome, typically associated with desirable results.

Moderate

Describes something, such as an opinion, climate, or behavior, that is not extreme or excessive; mild or within reasonable limits.

Cloudy Days

Days characterized by a significant coverage of the sky by clouds, often associated with overcast weather conditions.