In journalizing transactions the normal balance of Revenue accounts is?

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1110396

2026-04-17 01:30

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In journalizing transactions, the normal balance of Revenue accounts is a credit balance. This means that when revenue is earned, it is recorded as a credit entry, increasing the total revenue account. Conversely, any returns, allowances, or discounts would decrease the revenue and are recorded as debit entries. Overall, the credit balance reflects the income generated by a business.

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