[Answer] Which of the following accounts has a normal credit balance?

Answer: Sales

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Which of the following accounts has a normal credit balance? The classification and normal balance of the accounts payable account is a liability with a credit balance Which of the following accounts is a stockholders' equity account ? Which of the following accounts would normally have a credit balance: A. Accounts Payable Service Revenue Common Stock . B . Salaries Payable Unearned Revenue Delivery Expense. A credit balance is normal and expected for the following general ledger and subsidiary ledger accounts : Liability accounts . These include Accounts Payable Notes Payable Wages Payable Interest Payable Income Taxes Payable Customer Deposits Deferred Income Taxes and so on. Mon Mar 11 2019 · The normal balance for an account. A normal balance is the expectation that a particular type of account will have either a debit or a credit balance based on its classification within the chart of accounts . It is possible for an account expected to have a normal balance as a debit to actually have a credit balance and vice versa ... The accounts that have a normal credit balance include contra-asset liability gain revenue owner's equity and stockholders' equity accounts . In contrast accounts that normally have a debit balance include the asset loss contra-liability owner's drawing dividend and expense accounts. Which of the following accounts has a norm...

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