Multiple choice: Accounts are grouped in a book called the: A. trial balance B. chart of accounts C. journal D. ledger 2. Which of the following groups of accounts have normal debit balances? A. Assets, revenues, and owner withdrawals B. Assets, expenses, and owner withdrawals C. Assets, liabilities, and capital D. Assets, revenues, and expenses

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 3.19C
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Multiple choice: Accounts are grouped in a book called the: A. trial balance B. chart of accounts C. journal D. ledger 2. Which of the following groups of accounts have normal debit balances? A. Assets, revenues, and owner withdrawals B. Assets, expenses, and owner withdrawals C. Assets, liabilities, and capital D. Assets, revenues, and expenses
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