Which of the following accounts has a normal debit balance?
A) Accounts Payable
B) Merchandise Inventory
C) Sales
D) Interest Revenue

Name: Which of the following accounts has a normal debit balance? A) Accounts Payable B) Merchandise Inventory C) Sales D) Interest Revenue
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Question

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Merchandise Inventory is an asset account and all asset accounts have a normal debit balance. Accounts Payable, Sales, and Interest Revenue are all revenue or liability accounts and have normal credit balances.

Which of the Following Accounts Has a Normal Debit Balance