The Classification and Normal Balance of the Supplies Expense Account

question 68

Multiple Choice

The classification and normal balance of the supplies expense account is a(n)

• A) asset with a debit balance
• B) asset with a credit balance
• C) expense with a debit balance
• D) liability with a credit balance

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Definitions:

Official Possession

The state of legally holding or owning something recognized by government or authoritative bodies.

Anti-insurgent Policies

Strategies and actions taken by a government to prevent, counteract, or quell activities considered rebellious or against the state's control, often in a military or strategic context.

Valeriano Weyler

A Spanish general who served as the Governor General of Cuba and was known for his repressive tactics against Cuban insurgents during the Cuban War of Independence.

Springfield

A city name in the United States, notable for historical events depending on the specific state.