Assuming a Normal Balance, Which of the Following Is Correct

question 80

Multiple Choice

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

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

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Definitions:

Transmission

The act of transferring something from one place, person, or thing to another, including diseases, information, or physical power.

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, characterized by genital discharge, pain during urination, and in women, possible pelvic pain.

Watery Discharge

A liquid secretion from the body, particularly from the vagina or eyes, which is thin and clear.

Late Stages

Referring to the advanced phases of a process, condition, or disease, often implying that outcomes or consequences have become more severe.