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

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

Quizplus · Accepted Answer

Sales accounts typically have a normal credit balance because they represent income to the business. When a sale is made, the sales account is credited, reflecting an increase in the company's revenues.

Which of the Following Accounts Has a Normal Credit Balance