Which of the Following Accounts Has a Normal Debit Balance

question 39

Multiple Choice

Which of the following accounts has a normal debit balance?

• A)Purchase Returns
• B)Sales
• C)Purchases
• D)Accounts Payable

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Definitions:

Promotion-To-Sales Ratio

A metric in marketing that compares the cost of marketing and promotion efforts to the resulting sales volume.

Promotional Efforts

Marketing activities aimed at increasing awareness, interest, and sales of a product or service through various strategies and channels.

Objective and Task Budgeting

A method of budget setting where a company first defines its objectives and then estimates the cost of all tasks needed to achieve these objectives.