Which of the Following Describes the Classification and Normal Balance

question 6

Multiple Choice

Which of the following describes the classification and normal balance of the fees earned account?

• A) asset, credit
• B) liability, credit
• C) stockholders' equity, debit
• D) revenue, credit

---

Definitions:

Variation Terminology

Language and terms used to describe changes or differences in variables or conditions.

Directly

In a straight and unambiguous manner, often indicating a direct relationship between variables in mathematics.

Fourth Root

A number that when raised to the fourth power yields the original number; it is the square root of the square root.

Inversely

Describes a relationship where one quantity increases as another decreases at a consistent rate, often used in proportion and inverse variation contexts.