Select the account below that normally has a credit balance.
A)Cash.
B)Office Equipment.
C)Wages Payable.
D)Dividends.
E)Sales Salaries Expense.

Name: Select the account below that normally has a credit balance. A)Cash. B)Office Equipment. C)Wages Payable. D)Dividends. E)Sales Salaries Expense.
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Question

Quizplus · Accepted Answer

Wages Payable is a liability account, which normally has a credit balance. This means that the company owes money to its employees for wages that have been earned but have not yet been paid out.

Select the Account Below That Normally Has a Credit Balance