Which of the Following Accounts Usually Has a Debit Balance

question 104

Multiple Choice

Which of the following accounts usually has a debit balance?

• A) Accounts Payable
• B) Sales Tax Payable
• C) Sales
• D) Merchandise Inventory

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Definitions:

CRISP-DM

Cross-Industry Standard Process for Data Mining, a process model for carrying out data mining projects.

Cross-Industry

Pertaining to or involving multiple industries, often relating to practices, solutions, or innovations that apply across different sectors.

Standard Process

A method or procedure that has been widely accepted as effective and efficient within a specific field or industry.

Exabytes

A unit of information or computer storage equivalent to one quintillion bytes or a billion gigabytes.