Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 6 - No. 38) | ExamPlay

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 6 - No. 38)

What is the normal balance of a liability account?

Debit

Credit

Zero

Cannot tell

Explanation

The normal balance of a liability account is credit.

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