Select the account below that normally has a credit balance.

A. Sales Salaries Expense.
B. Dividends.
C. Office Equipment.
D. Wages Payable.
E. Cash.


Answer: D

Business

You might also like to view...

Copper Company engaged in the following transactions during April Performed services for cash $215,000 Performed services on credit 168,000 Purchased office supplies on account 56,000 Paid salaries in cash 29,000 Collected on account 42,000 Paid on account 38,000 What is the amount of cash still to be collected?

A) $126,000 B) $341,000 C) $144,000 D) $18,000

Business

When your employer withdraws payroll funds from a bank and then electronically direct deposits your money into your account, the employer is utilizing ___________________________________ (ACHs).

Fill in the blank(s) with the appropriate word(s).

Business

Polygraphs may be used in positions involving public transportation

Indicate whether the statement is true or false

Business

A manager of the cereal bar at the college campus has determined that the profit made for each bowl of Morning Buzz cereal sold, x, is equal to: Z = $4x - 0.5x

Each bowl of Morning Buzz weighs 6 ounces, and the manager has 12 lbs (192 ounces) of cereal available each day, which can be written as the constraint, 6x ? 192. What maximum profit will be made from Morning Buzz if it is all sold in one day?

Business