Which of the Following Accounts Carry a Normal Debit Balance

question 6

Multiple Choice

Which of the following accounts carry a normal debit balance?

• A) Sales Tax Payable, Inventory, Delivery Expense, and Customer Refunds Payable
• B) Inventory, Delivery Expense, Cost of Goods Sold, and Estimated Returns Inventory
• C) Inventory, Cost of Goods Sold, Customer Refunds Payable, and Sales
• D) Delivery Expense, Customer Refunds Payable, Estimated Return Inventory, and Sales

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Definitions:

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