Which of the following accounts has a balance whereby credits normally exceed debits?
A) Salary expense.
B) Accrued income taxes payable.
C) Land.
D) Prepaid rent.

Name: Which of the following accounts has a balance whereby credits normally exceed debits? A) Salary expense. B) Accrued income taxes payable. C) Land. D) Prepaid rent.
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Question

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Accrued income taxes payable is a liability account, and like all liability accounts, it normally has a credit balance, meaning credits exceed debits.

Which of the Following Accounts Has a Balance Whereby Credits