Which of the Following Groups of Accounts Contains Only Those

question 9

Multiple Choice

Which of the following groups of accounts contains only those accounts that normally have credit balances?

• A)Accounts Payable; Retained Earnings; Service Revenue.
• B)Equipment; Cash; Contributed Capital.
• C)Notes Payable; Wages Payable; Rent Expense.
• D)Accounts Receivable; Accounts Payable; Unearned Revenue.

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Definitions:

Unchangeable Record

A record or document that cannot be altered after its creation, often used for security and verification purposes.

Printed Message

Information or content that is conveyed through physical print media, such as books, newspapers, or flyers, as opposed to digital formats.

Digital Message

A piece of communication transmitted electronically.

Digital Content

Information or media that is created, shared, and accessed electronically, such as text, images, videos, and audio.