Which of the Following Accounts Has a Normal Credit Balance

question 53

Multiple Choice

Which of the following accounts has a normal credit balance?

• A) Purchases
• B) Sales Returns and Allowances
• C) Freight-in
• D) Purchase Discounts

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Definitions:

Biofeedback

A process that involves measuring a person's bodily functions such as heart rate, muscle tension, and temperature, and providing that information in real-time to help the person learn control over these functions.

Skills Training

A component of therapy focusing on the development and strengthening of specific interpersonal, coping, or work-related abilities.

Mindfulness

The practice of being fully present and engaged in the moment, aware of one's thoughts and feelings without judgment.

Contingency Management

A behavioral therapy technique that modifies behavior by changing the consequences that follow specific actions, often using rewards or punishments.