Solved

Which Sales Accounts Normally Have a Debit Balance

Question 65

Multiple Choice

Which sales accounts normally have a debit balance?


A) Sales Discounts
B) Sales Returns and Allowances.
C) Both Sales Discounts and Sales Returns and Allowances have debit balances.
D) Neither Sales Discounts or Sales Returns and Allowances have debit balances.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions