Which of the Following Describes the Classification and Normal Balance

question 67

Multiple Choice

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

• A) an asset with a credit balance
• B) a liability with a credit balance
• C) an expense with a debit balance
• D) a revenue with a credit balance

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Definitions:

Hunters in the Snow

A famous oil painting by Pieter Bruegel the Elder, depicting a winter scene with hunters and their dogs returning from a hunt, part of a series illustrating different times of the year.

Engravings

A printmaking technique that involves incising or cutting a design into a hard surface, usually metal, to hold ink for printing.

Goldsmith

A craftsperson skilled in making jewelry, silverware, and other fine metal objects, often involving techniques like forging, casting, and engraving.

Joachim Patinir

A Northern Renaissance painter, known for his pioneering landscape paintings.