Which of the Following Accounts Has a Debit Balance

question 114

Multiple Choice

Which of the following accounts has a debit balance?

• A)Accounts payable.
• B)Accrued taxes.
• C)Accumulated depreciation.
• D)Bad debt expense.

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Definitions:

Competition Approach

A business strategy that focuses on outperforming competitors by developing a competitive advantage through factors like cost, product, or service.

Assertiveness

The quality of being self-assured and confident without being aggressive, in the context of communicating one's needs and opinions.

Cooperation

The act of working together towards a common goal or interest.

Secure

The condition of being protected from or not exposed to danger, risk, or anxiety; having a sense of safety.