Select the Account Below That Normally Has a Credit Balance

question 131

Multiple Choice

Select the account below that normally has a credit balance.

• A)Cash.
• B)Office Equipment.
• C)Wages Payable.
• D)Dividends.
• E)Sales Salaries Expense.

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes.

Algorithms

Instructions or procedures designed to solve a specific problem or perform a specific task through a series of steps, pivotal in programming and technology.

Complex Strategies

Involves multifaceted and often sophisticated plans or methods aimed at achieving a particular goal or solving specific problems.

Subgoals

Intermediate goals or problems to solve that put one in a better position for reaching a final goal or solution.