Sales appear under which worksheet column and has the following normal balance:
A) Income Statement, DR
B) Income Statement, CR
C) Balance Sheet, CR
D) Balance Sheet, DR

Name: Sales appear under which worksheet column and has the following normal balance: A) Income Statement, DR B) Income Statement, CR C) Balance Sheet, CR D) Balance Sheet, DR
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Question

Quizplus · Accepted Answer

Sales are reported on the Income Statement and typically have a credit (CR) normal balance, reflecting revenue generation.

Sales Appear Under Which Worksheet Column and Has the Following