Which of the Following Accounts Normally Have Debit Balances

question 150

Multiple Choice

Which of the following accounts normally have debit balances?

• A)Sales Discounts
• B)Sales Returns and Allowances.
• C)Both Sales Discounts and Sales Returns and Allowances have debit balances.
• D)Neither Sales Discounts or Sales Returns and Allowances have debit balances.

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Definitions:

Postganglionic Sympathetic

Refers to the neurons in the sympathetic nervous system that transmit nerve impulses away from the ganglia to target organs.

Preganglionic Sympathetic

Pertains to the neurons that run from the central nervous system to a ganglion in the sympathetic part of the autonomic nervous system.

Acetylcholine

A neurotransmitter in the body that is involved in muscle activation, heart rate, and many other functions in the nervous system.

Autonomic Muscarinic Receptors

A type of receptor located in the autonomic nervous system that responds to the neurotransmitter acetylcholine.