Which of the Following Accounts Does Not Have a Debit

question 124

Multiple Choice

Which of the following accounts does not have a debit balance?

• A)Prepaid expenses.
• B)Insurance expense.
• C)Unearned revenue.
• D)Investments.

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Definitions:

Marginal Cost

Marginal cost refers to the increase in total cost that arises from producing one additional unit of a good or service.

Block Pricing

A pricing strategy where different quantities of a product or service are sold at different prices, usually implying that larger quantities are sold at a lower per-unit price.

First-Degree Price Discrimination

Practice of charging each customer her reservation price.

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of a product or service.