1. A debit may signify a(n): A. increase in an asset account. B. decrease in an asset account. C. increase in a liability account. D. increase in the capital stock account. 2. The type of account with...

1. A debit may signify a(n): A. increase in an asset account. B. decrease in an asset account. C. increase in a liability account. D. increase in the capital stock account.

2. The type of account with a normal credit balance is: A. an asset. B. dividends. C. a revenue. D. an expense.

May 26, 2022