Accounting Question

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Rent expense, prepaid expenses and
utilities expense are all expenses accounts
with Debit as normal balance *
O True
O False
Transcribed Image Text:Rent expense, prepaid expenses and utilities expense are all expenses accounts with Debit as normal balance * O True O False
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