Consider the following list of accounts:

Cash Retained Earnings
Service Revenue Utilities Expense
Salaries Expense Accounts Receivable
Accounts Payable Common Stock
Equipment Dividends

How many of these accounts have a normal debit balance?
A) Seven.
B) Five.
C) Six.
D) Four.

The expenses, assets, losses, dividend contains a debit balance while on the other hand, the liabilities, revenues, revenues, gains, stockholder equity contains credit balance

If there is an increase in a debit balance account then it always shown in the debit side itself and vice versa

And, the same is applied for credit balance

Therefore, the accounts which have a normal debit balance are cash, utilities expense, salaries expense, account receivable, equipment, and the dividend

Consider the following list of accounts: Cash Retained Earnings Service Revenue Utilities Expense Salaries Expense Accounts Receivable Accounts Payable Common Stock Equipment Dividends How many of these accounts have a normal debit balance? A) Seven. B) Five. C) Six. D) Four.

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Consider the following list of accounts:

Cash Retained Earnings
Service Revenue Utilities Expense
Salaries Expense Accounts Receivable
Accounts Payable Common Stock
Equipment Dividends

How many of these accounts have a normal debit balance?
A) Seven.
B) Five.
C) Six.
D) Four.