Several accounts are listed below:
a.Purchases Returns and Allowances
b.SalesDiscounts
c.Wages Expense
d.Allowance for Doubtful Accounts
e.Une anned Rent
f.Income Taxes Payable
g.Dividends Distributed
h.Interest Revenue
i.Inventory Required:
List the accounts above that would normally have a credit balance.

Question

Several accounts are listed below:
 a.Purchases Returns and Allowances
b.SalesDiscounts
c.Wages Expense
d.Allowance for Doubtful Accounts
e.Une anned Rent
f.Income Taxes Payable
g.Dividends Distributed
h.Interest Revenue
i.Inventory Required:
List the accounts above that would normally have a credit balance.

Quizplus · Accepted Answer

The Answer of Several accounts are listed below:
 a.Purchases Returns and Allowances
b.SalesDiscounts
c.Wages Expense
d.Allowance for Doubtful Accounts
e.Une anned Rent
f.Income Taxes Payable
g.Dividends Distributed
h.Interest Revenue
i.Inventory Required:
List the accounts above that would normally have a credit balance.

Several Accounts Are Listed Below