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-   -   Debit Balances (https://www.askmehelpdesk.com/showthread.php?t=277202)

  • Nov 4, 2008, 05:45 PM
    slatebluecat
    Debit Balances
    Which of the following accounts usually has a debit balance?
    a. Purchase Discounts
    b. Sales Tax Payable
    c. Allowance for Doubtful Accounts
    d. Transportation-In

    My guess would be b. Sales Tax Payable
    Am I correct?
  • Nov 5, 2008, 12:26 AM
    hamzashakaa
    d. Transportation in

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