multiple select question\nselect all that apply\nchoose the accounts below, that would have a normal credit…

multiple select question\nselect all that apply\nchoose the accounts below, that would have a normal credit balance. (check all that apply.)\n□ supplies expense\n□ common stock\n□ unearned revenues\n□ accounts payable\n□ revenues

multiple select question\nselect all that apply\nchoose the accounts below, that would have a normal credit balance. (check all that apply.)\n□ supplies expense\n□ common stock\n□ unearned revenues\n□ accounts payable\n□ revenues

Answer

Brief Explanations:

In accounting, liabilities, equity, and revenue accounts have normal credit balances. Common Stock is an equity account, Unearned Revenues is a liability account, Accounts Payable is a liability account, and Revenues are revenue - related. Supplies Expense is an expense account which has a normal debit balance.

Answer:

  • Common Stock
  • Unearned Revenues
  • Accounts Payable
  • Revenues