A contra-asset account has what type of balance?A. DebitB. CreditC. ZeroD. Variablei need help
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A contra-asset account has what type of balance?
A. Debit
B. Credit
C. Zero
D. Variable
i need help
Step by step
Solved in 2 steps
- Excess of Debit side over Credit side is called? Select one: a. All of the above b. Debit Balance c. Liability Accounts d. Credit BalanceDescribe the relationship between debit balances and credit balances when it comes to “t graphs”?Assets that can be easily converted into money without loss of value are Select one: O A. liquid. O B. liabilities. O C. transactions balances. OD. currencies.
- Which one of the following is not one of the perspectives of the Balance scorecard? Select one: a. Financial b. Customer c. Breakeven calculation d. Internal processWhat relationship exists between the position of an accountin the balance sheet equation and the rules for recordingincreases in that account?
