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14 November, 22:11

Which of the following groups of accounts have a normal debit balance

a) revenue, liabilities, and capital

b) assets, capital, and withdrawals

c) liabilities, expenses, and assets

d) assets, expenses and withdrawals

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Answers (1)
  1. 14 November, 22:31
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    YOur answer is D.

    A way to remember this is AWE. Assets, Withdrawals and Expenses all have normal debit balances
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