Which of the Following Accounts Has a Normal Credit Balance

question 75

Multiple Choice

Which of the following accounts has a normal credit balance?

• A) Accounts Receivable
• B) Common Stock
• C) Wages Expense
• D) Dividends

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Definitions:

Job-related

Pertaining to aspects or matters that are directly connected to one's profession or employment.

Traditional U.S. Union Contracts

Traditional U.S. union contracts are labor agreements negotiated between unions and employers, outlining wages, working conditions, and other employment terms within American labor contexts.

Employee Rights

Rights entitled to employees, such as fair treatment, safe working conditions, and freedom from discrimination and harassment in the workplace.

Reporting Pay

A policy requiring employers to pay workers for a minimum number of hours even if they are sent home early or work less than the intended schedule.