Which of the Following Accounts Has a Normal Debit Balance

question 103

Multiple Choice

Which of the following accounts has a normal debit balance?

• A) Accounts Payable
• B) Sales Returns and Allowances
• C) Sales
• D) Interest Revenue

Learn to manage academic responsibilities in the context of personal challenges, including family and work commitments.

Appreciate the value of diversity in social and working environments.

Learn about the harmful impacts of stereotypes, prejudice, and microaggressions.

Acquire knowledge on handling discrimination and harassment effectively.

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Definitions:

Vroom-Jago Time-driven

A decision-making model that helps leaders determine the appropriate level of involvement of team members in the decision-making process, based on time constraints and importance of the decision.

Effective Leaders

Individuals who possess the skills, behaviors, and attributes necessary to influence, motivate, and enable others to contribute toward organizational success.

Ineffective Leaders

Individuals in leadership positions who fail to inspire confidence, achieve objectives, or motivate their team, often due to a lack of skills, vision, or commitment.

Single Trait

A particular characteristic or quality that significantly defines or influences an individual's behavior or personality.