Homework Answers
| On the trial balance, which accont balances should be listed in the credit column? | |
| Answer | C. Liabilities, Retained Earnings and Revenues |
| Explanation: | Assets, expenses and Dividends have debit balance, so they are shown in debit column and Liabilities, Retained Earnings and Revenues have credit balance, so they are shown in the credit column of trial balance. |
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