Which of the Following Accounts Has a Normal Credit Balance

question 53

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

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

Insulation

Insulation refers to materials used to reduce the rate of heat transfer, or the method of installing such materials to help maintain a desired temperature in buildings or protective clothing.

Proximate Explanation

An explanation that focuses on the immediate cause or mechanism of a biological trait or behavior.

Singing

The act of producing musical sounds with the voice, often characterized by a distinct pitch, rhythm, and a series of notes that sound pleasing to the listener.