Which of the Following Accounts Has a Normal Debit Balance

question 25

Multiple Choice

Which of the following accounts has a normal debit balance?

• A) Accounts Payable
• B) Merchandise Inventory
• C) Sales
• D) Interest Revenue

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Definitions:

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Virtuous Behavior

Actions that conform to moral and ethical principles; these behaviors are often associated with goodness and integrity.

Morality

Guidelines that differentiate between what is considered ethically correct and incorrect or between positive and negative conduct.

Political Orientation

Refers to an individual's or group's predisposition towards specific political ideologies, beliefs, or parties.