For Accounts Receivable,the Category of Account and Its Normal Balance

question 47

Multiple Choice

For Accounts receivable,the category of account and its normal balance are:

• A) Owner's equity and a credit balance.
• B) Assets and a debit balance.
• C) Liabilities and a credit balance.
• D) Assets and a credit balance.

---

Definitions:

Biological Psychologist

A scientist who studies the biological underpinnings of behavior, cognition, and emotions, often focusing on the brain and nervous system's roles.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse from one neuron to another, influencing mental processes and behavior.

Depression

A mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Cultural Diversity

The presence of a wide range of cultural differences and practices within a society, organization, or group.