Of the Following Accounts, the One That Normally Has a Credit

question 95

Multiple Choice

Of the following accounts, the one that normally has a credit balance is

• A) cash
• B) office equipment
• C) sales salaries payable
• D) Ted Neal, withdrawals
• E) sales salaries expense

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Definitions:

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into creating them.

Tech Support

A service provided by companies to help customers solve technical problems or issues related to their products or services.

Time-Driven

Refers to processes or activities that are scheduled or executed based on the passage of time.

Customer Support

A service provided by companies to assist customers with their products or services, aiming to resolve issues and improve customer satisfaction.