When Computing the Normal Balance of an Account

question 48

Multiple Choice

When computing the normal balance of an account:

• A) salaries expense should have a credit balance.
• B) accounts payable should have a credit balance.
• C) equipment can have either a credit or debit balance.
• D) notes payable can have either a credit or debit balance.

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Definitions:

Newborn

A baby from birth to about 2 months of age.

Test

An examination or evaluation of a person's ability, performance, or knowledge in a particular area.

Newborn

An infant that is in its first few hours to weeks of life, typically up to 28 days old.

Medical Support

Assistance or resources provided in a medical context, including healthcare services, information, and emotional backing for patients.