Which of the Following Accounts Has a Normal Credit Balance

question 88

Multiple Choice

Which of the following accounts has a normal credit balance?

• A) Accounts Receivable
• B) Sales
• C) Inventory
• D) Delivery Expense

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Definitions:

Travelers

Individuals who move between different geographic locations, for purposes such as tourism, business, or leisure.

Foreign Assignments

Work assignments located in a country different from the employee's home country, typically involving international relocation.

McWorld

A term that describes the globalization of culture, economy, and technology, leading to a homogeneous global market and cultural standardization.

University of Michigan

An esteemed public research university located in Ann Arbor, Michigan, noted for its diverse and comprehensive academic programs.