Which of the Following Is Correct

question 57

Multiple Choice

Which of the following is correct?

• A) Debit is the normal balance of the accounts payable account.
• B) Credit is the normal balance of the accounts receivable account.
• C) Debit is the normal balance of the Income from Services account.
• D) Debit is the normal balance of the Drawing account.

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Definitions:

American West

The region of the United States located west of the Mississippi River, historically significant for its development and expansion during the 19th century.

Nonfarm Activities

Economic activities that do not involve agriculture, farming, or animal husbandry, typically in sectors like manufacturing, services, and technology.