Which of the following types of accounts have a normal credit balance?

a. liabilities and expenses

b. assets and liabilities

c. capital stock and dividends

d. revenues and liabilities

2 Answers

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  • buz
    Lv 7
    9 years ago

    d. revenues and liabilities

    c. isn't correct since 'dividends' isn't really an account... dividends payable (or distributable, if a stock dividend) would be a liability

  • 9 years ago

    C.

    They both decrease (credit) the Capital/Equity (Assets = Liabilities + capital/Equity)

    Source(s): Accountancy student
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