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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