Which of the Following Accounts Carry a Normal Credit Balance

question 270

Multiple Choice

Which of the following accounts carry a normal credit balance?

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

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Definitions:

Panic Disorder

A psychiatric disorder characterized by recurrent unexpected panic attacks—sudden surges of overwhelming fear and discomfort that peak within minutes.

Dual Diagnosis

The co-occurrence of substance abuse and mental health disorders in an individual.

Comorbidity

The simultaneous presence of two or more diseases or medical conditions in a patient, which can complicate diagnosis, treatment, and prognosis.

Codependence

Codependence characterizes a relationship dynamic where one person's needs are met through managing another's needs, often leading to unhealthy emotional dependencies.