The normal balance of liability account is____________?
A. Debit balance
B. Credit balance
C. Cash balance
D. Neither debit nor credit balance
The normal balance of asset account is____________?
A. credit balance
B. debit balance
C. cash balance
D. neither debit nor credit balance
The normal balance of capital account is_____________?
A. Credit balance
B. Debit balance
C. Cash balance
D. Neither debit nor credit balance
An account records the ___________ in the balance of an item?
A. increase
B. decrease
C. increase or decrease
D. appreciation