Which of the following is true regarding normal balances of accounts? a. All accounts have a normal debit balance. b. Accounts that have a normal debit balance will only have debit entries, never credit entries. c. The normal balance of all accounts will have either a positive or negative balance. d. The normal balance is on the increase side of the account.
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Home » Business » Which of the following is true regarding normal balances of accounts? a. All accounts have a normal debit balance. b. Accounts that have a normal debit balance will only have debit entries, never credit entries. c.