Question

ASSET ACCOUNTS HAVE WHAT TYPE OF BALANCE

Answer 1

Explanation:

An asset account is a general ledger account used to sort and store the debit and credit amounts from a company's transactions involving the company's resources. ... Generally, the asset account balances are debit balances and are increased with a debit entry and decreased with a credit entry.

Answer 2

Answer:

An asset account is a general ledger account used to sort and store the debit and credit amounts from a company's transactions involving the company's resources. ... Generally, the asset account balances are debit balances and are increased with a debit entry and decreased with a credit entry.