Identify the Accounts That Would Normally Have Balances in the Debit

question 174

Multiple Choice

Identify the accounts that would normally have balances in the debit column of a business's trial balance.

• A)Assets and expenses.
• B)Assets and revenues.
• C)Revenues and expenses.
• D)Liabilities and expenses.
• E)Liabilities and dividends.

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Definitions:

Line Chart

A graphical representation displaying information as a series of data points connected by straight lines to show trends over time.

Horizontal Axis

The x-axis in a graph, typically used to represent the independent variable.

Vertical Axis

An imaginary line that runs up and down, perpendicular to the horizontal plane.

Relative Frequency Histogram

A graphical representation of the relative frequency of various outcomes in a data set, showing how often each value occurs relative to the total number of values.