Which of the Following Accounts Normally Have a Credit Balance

question 118

Multiple Choice

Which of the following accounts normally have a credit balance?

• A)Unearned revenues; Prepaid rent; Revenues.
• B)Revenues; Expenses; Contributed capital.
• C)Revenues; Inventory; Unearned revenue.
• D)Notes payable; Retained earnings; Revenues.

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Definitions:

Self-Esteem

A person's personal assessment of their self-esteem.

Adolescence

Adolescence is the developmental phase following childhood, marked by puberty, rapid physical growth, cognitive maturity, and the quest for identity.

Childhood

The stage of being a child, from birth to adolescence, characterized by growth, development, and learning.

High Self-Esteem

Denotes a positive evaluation of oneself, characterized by confidence in one's abilities and worth.