Which of the following accounts has a normal credit balance?
A) Sales Returns and Allowances
B) Sales Discounts
C) Sales Revenue
D) Selling Expense

Name: Which of the following accounts has a normal credit balance? A) Sales Returns and Allowances B) Sales Discounts C) Sales Revenue D) Selling Expense
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Question

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Sales revenue has a normal credit balance because it represents an increase in assets (cash or accounts receivable) resulting from sales transactions, which are credited to the revenue account.

Which of the Following Accounts Has a Normal Credit Balance