Which of the Following Statements Is Incorrect

question 9

Multiple Choice

Which of the following statements is incorrect?

• A) The normal balance of accounts receivable is a debit.
• B) The normal balance of owner's withdrawals is a debit.
• C) The normal balance of unearned revenues is a credit.
• D) The normal balance of an expense account is a credit.
• E) The normal balance of the owner's capital account is a credit.

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Definitions:

Scheduled Work Break

A specified interval during work designated for rest or leisure.

Lazy

A descriptor for a lack of effort or motivation to engage in activities or work, often characterized by procrastination or avoidance.

Fired

The termination of an individual's employment due to performance issues, misconduct, or other reasons decided by the employer.

Companionate Love

A deep, affectionate attachment characterized by mutual respect, attachment, and commitment, often developed over time.