Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.


Answer :

The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

The following information is relevant:

  • The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.
  • The salary expense is to be shown under the income statement and contains a normal debit balance.
  • The revenue is to be shown under the income statement & contains a normal credit balance.
  • Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.
  • The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.

Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

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