Question

multiple choice question
which set of accounts below would have a normal debit balance?

dividends; expenses; unearned rent
expenses; dividends; cash
expenses, dividends; common stock
revenues; dividends, prepaid rent

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Explanation:

• Assets (Cash), expenses, and dividends have normal debit balances.
• Unearned rent (a liability), Common Stock (equity), and revenues have normal credit balances, eliminating the other options.

Answer:

Expenses; Dividends; Cash