Which of the Following Accounts Has a Normal Credit Balance

question 134

Multiple Choice

Which of the following accounts has a normal credit balance?

• A)Sales Returns and Allowances
• B)Sales Discounts
• C)Sales Revenue
• D)Selling Expense

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Definitions:

Zero-point Error

A measurement error that occurs when an instrument does not register a zero reading when the true value of the measured quantity is zero.

Visuals

Elements that are designed to be seen, such as photographs, charts, and diagrams, used to communicate information or ideas.

Primary Aspects

Fundamental elements or characteristics that are central to understanding or analyzing a subject or issue.

Area Chart

A type of graph that represents quantified values as areas under a line, often used to track changes over time.