Question

Which of the following account does not have a normal balance as a credit?

A. Revenue
B. Expense
C. Contributed Capital
D. Equity

Answer 1

In accounting, the account that does not have a normal balance as a credit is Equity.

Step-by-step explanation:

In accounting, the normal balance of an account refers to whether the account increases or decreases on the credit side when transactions are recorded.

The account that does not have a normal balance as a credit is D. Equity.

Equity accounts, such as owner's capital and retained earnings, typically have a normal balance as a debit, meaning they increase on the debit side when transactions are recorded.