Assuming a Normal Balance, Which of the Following Is Correct

question 98

Multiple Choice

Assuming a normal balance, which of the following is correct concerning the trial balance columns of the work sheet?

• A) Assets are shown as credits.
• B) Liabilities are shown as debits.
• C) The drawing account is shown as a debit.
• D) Expenses are shown as credits.

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Definitions:

Everyday Low Prices

A pricing strategy adopted by retailers where items are offered at consistently low prices with minimal reliance on promotions or discounts.

Walmart

An American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

Selling Proposition

A rephrased definition for Value Proposition; it emphasizes the key aspects of a product or service that make it attractive to potential buyers.

Emotional Appeal

Marketing strategies aimed at evoking strong feelings in the audience to influence their purchasing decisions.