Which of the Following Accounts Normally Has a Debit Balance

question 2

Multiple Choice

Which of the following accounts normally has a debit balance?

• A) Dividends
• B) Retained Earnings
• C) Share capital
• D) Revenue

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Definitions:

Last Unit

Refers to the final item or unit produced or consumed, which can be significant in determining the marginal cost or utility.

Labor Employed

The total number of workers who are currently hired and working in a given sector or economy.

Marginal Resource Cost

The cost of producing one additional unit of a resource or input.

Variable Costs

Costs that change in proportion to the level of goods or services produced by a business, such as raw materials and labor expenses.