Which of the Following Accounts Normally Contain a Debit Balance

question 41

Multiple Choice

Which of the following accounts normally contain a debit balance?

• A)Asset
• B)Liability
• C)Owners' equity
• D)Revenue

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Definitions:

Channels

Natural or artificial waterways used for navigation or irrigation, vital for transport and agriculture.

Radar Image

A digital representation of an object or landscape produced by the reflection of radar waves.

Hematite

A mineral form of iron(III) oxide (Fe2O3), typically a reddish-black color, which is an important ore of iron.

Feldspar

A group of rock-forming silicate minerals that make up about 41% of the Earth's continental crust by weight.