Genius

The Owner's Capital account has a normal debit balance

The Owner's Capital account has a normal debit balance



True or false:
1.	An increase in revenue is recorded with a credit.

	2.	Owner's withdrawals should appear on the statement of owner's equity.

	3.	The Owner's Withdrawals account has a normal credit balance.

	4.	Expenses have a normal credit balance.

	5.	The Owner's Capital account has a normal debit balance.




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Other / Other
30 May 2016

Answers (1)

  1. Genius

    The Owner's Capital account has a normal debit balance

    The Owner's Capital account has a normal debit balanceThe Owner' ****** ******
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