Which set of accounts below would have a normal debit balance? Multiple choice question. Expenses; Dividends; Cash Dividends; Expenses; Unearned rent Expenses, Dividends; Common Stock Revenues; Dividends, Prepaid rent

Respuesta :

The set of accounts that will have a normal debit balance are : Expenses; Dividends; Cash.

What are Expenses , Dividends and Cash ?

An expense is the cost of operations that a company incurs to generate revenue. Hence an expense would have a debit balance.

A dividend is the distribution of corporate profits to eligible shareholders. Dividend payments and amounts are determined by a company's board of directors hence would have a debit balance.

Cash include other currencies as well as undeposited cheques and amounts in a current account hence have a debit balance.

It therefore means that Expenses, Dividends and Cash all have debit balance in line with accounting rule which states that all expenses and cash must be debited.

Learn more about debit balance here : https://brainly.com/question/13669524

ACCESS MORE