Which of the Following Accounts Has a Normal Credit Balance

question 6

Multiple Choice

Which of the following accounts has a normal credit balance?

• A) Purchases
• B) Sales Returns and Allowances
• C) Freight-In
• D) Purchase Discounts

Comprehend the importance of active listening and strategies to improve listening skills.

Identify the impact of nonverbal communication in conveying messages.

Analyze the role of timing and relevance in communication effectiveness.

Understand the concept and effects of selective listening.

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Definitions:

Mediation

A form of alternative dispute resolution where a neutral third party helps disputing parties to reach a mutually satisfactory agreement.

Lawsuit

A legal action taken by one party against another in a court of law, typically to resolve a dispute or claim.

Summary Jury Trial

A shortened version of a trial conducted in less than a day before a jury. The jury’s verdict is advisory only.

Time Limit

A set duration or deadline by which a certain action must be completed or a decision must be made.