Friday, October 9, 2020

Which of the following accounts would normally have a credit balance?

Which of the following accounts would normally have a credit balance?


A) Accounts Payable, Service Revenue, Common Stock.

B) Salaries Payable, Deferred Revenue, Delivery Expense.

C) Income Tax Payable, Service Revenue, Dividends.

D) Cash, Repairs and Maintenance Expense, Dividends.


Answer: A

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