Which of the following accounts does not have a normal credit balance?
A) Contributed capital
B) Accounts payable
C) Revenue
D) Expense

Question

Quizplus · Accepted Answer

Expenses have normal debit balances, meaning they increase with a debit entry and decrease with a credit entry. Contributed capital, accounts payable, and revenue all have normal credit balances, meaning they increase with a credit entry and decrease with a debit entry.

Which of the Following Accounts Does Not Have a Normal