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asset and expense accounts would normally have large balances they wouldn't have a negative balance because and the money you have to spend on things for the same reason it's not going to have a credit balance because that would be the bank's money and it's not a debit balance
The asset and expenses accounts of a business organization normally have debit effect in their balances. Hence, option C is correct.
What are assets and expenses?
Assets are the things which are under the ownership of a business organization, and it owns a right to use, sell or utilize it in any way as it will. Expenses is amount of monies spent by an organization for running the business functions of an organization.
According to the golden rules of accounting, all that comes in an organization is debited; also, all the expenses and losses of an organization are also debited.
Therefore, option C holds true regarding assets and expenses.
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