Which of the Following Statements Is TRUE of the Owner,Capital

question 88

Multiple Choice

Which of the following statements is TRUE of the Owner,Capital account?

• A) It is an equity account that has a normal credit balance.
• B) It is a liability account that has a normal credit balance.
• C) It is a liability account that has a normal debit balance.
• D) It is an equity account that has a normal debit balance.

---

Definitions:

Contingent Time Off

Leave from work that is granted based on specific conditions or occurrences, which may include emergencies, personal reasons, or meeting certain work performance criteria.

Gallup Poll

An opinion poll conducted by the Gallup Organization, known for its public opinion surveys on political, social, and economic issues.

Intrinsic Reward

A type of motivation derived from internal satisfaction or the pleasure in performing an activity, rather than external factors.

Sense of Accomplishment

A feeling of pride and fulfillment that comes from achieving something significant or completing a task.