thee Accounts Receivable account has a normal credit balance

thee Accounts Receivable account:

has a normal credit balance.

is increased by a debit.

is a liability.

is increased when a company receives cash from its customers.

Solution

The Account Receivable Account:

is increased by a debit.

Reason: Account receivable represent the amount which we going to receive, hence have debit balance and shows in our assets side. so it will be increased by a debit.

thee Accounts Receivable account: has a normal credit balance. is increased by a debit. is a liability. is increased when a company receives cash from its custo

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