Which of the Following Describes the Classification and Normal Balance

question 3

Multiple Choice

Which of the following describes the classification and normal balance of the Retained Earnings account?

• A)Asset, debit
• B)Stockholders' equity, credit
• C)Revenues, credit
• D)Expense, debit

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Definitions:

Vocational Training

Vocational training is education or instructional programs focused on teaching the skills and knowledge needed for specific jobs or careers.

Flynn Effect

The significant and extended rise in scores for both fluid and crystallized intelligence tests observed across various regions globally during the 20th century.

Childhood Education

The phase of formal and informal learning and development that occurs during the early years of a person's life, typically before the onset of adolescence.

Nutrition

The process of providing or obtaining the food necessary for health and growth.