Which of the Following Accounts Has a Normal Credit Balance

question 88

Multiple Choice

Which of the following accounts has a normal credit balance?

• A) Accounts Receivable
• B) Sales
• C) Inventory
• D) Delivery Expense

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Definitions:

Environmentally Harmful Subsidies

Financial contributions or incentives from governments that encourage practices detrimental to the environment, such as fossil fuel production and agriculture that leads to deforestation.

Unnecessary Consumption

The purchasing or usage of goods and services in excess of one's practical needs, often leading to wastefulness.

Tradable Pollution

An environmental policy instrument allowing companies to buy or sell allowances to emit limited quantities of pollutants, aiming to reduce overall pollution in a cost-effective manner.