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    Johnnalee's Avatar
    Johnnalee Posts: 3, Reputation: 1
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    #1

    Oct 18, 2008, 06:43 PM
    Normal credit balance
    Which of these accounts have a normal credit balance?

    Sales Discounts, Inventory, Sales Returns and Allowances, Sales
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 18, 2008, 07:05 PM

    Sales because it is a Revenue Account.

    Inventory is an Asset Account.

    Sales Discounts and Sales Returns & Allowances is a Contra Revenue Account.
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