Identify the statement below that is incorrect. The normal balance of accounts receivable is a debit. The normal balance of dividends is a debit. The normal balance of deferred revenues is a credit. The normal balance of an expense account is a credit. The normal balance of the owner's equity account is a credit.
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Home » Business » Identify the statement below that is incorrect. The normal balance of accounts receivable is a debit. The normal balance of dividends is a debit. The normal balance of deferred revenues is a credit.