A Credit Is not the Normal Balance for Which Account

question 57

Multiple Choice

A credit is not the normal balance for which account listed below?

• A)Common Stock
• B)Revenue
• C)Accounts Payable
• D)Dividends

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Definitions:

Avoid War

Strategies or policies adopted by countries or leaders to prevent military conflicts through diplomacy, treaties, and other peaceful means.

Upper South

The Upper South traditionally refers to the northern tier of Southern states in the United States, which includes Virginia, Tennessee, Kentucky, and Missouri, characterized by a distinct socioeconomic and cultural identity.

Declaration of Causes

The Declaration of Causes is a document or proclamation issued to explain the reasons for a particular action or decision, often in the context of political or social movements.

Calling Up

The act of summoning individuals, typically for military service or jury duty, by official request or order.