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Which account has a credit balance 2024?

Oliver Hall | 2023-05-07 10:00:50 | page views：1631
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Zoe Martin

Studied at the University of Sydney, Lives in Sydney, Australia.
Assets, expenses, losses, and the owner's drawing account will normally have debit balances. Their balances will increase with a debit entry, and will decrease with a credit entry. Liabilities, revenues and sales, gains, and owner equity and stockholders' equity accounts normally have credit balances.
2023-05-10 10:00:50
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Henry Cooper

QuesHub.com delivers expert answers and knowledge to you.
Assets, expenses, losses, and the owner's drawing account will normally have debit balances. Their balances will increase with a debit entry, and will decrease with a credit entry. Liabilities, revenues and sales, gains, and owner equity and stockholders' equity accounts normally have credit balances.
Which accounts normally have debit balances? | AccountingCoach
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