The account that has a normal credit balance among the given options is c) sales revenue.
Here’s the explanation:
- Sales Returns and Allowances: This account is used to record the return of goods sold, which reduces revenue. It typically has a normal debit balance.
- Sales Discounts: This account represents reductions in sales revenue due to early payment incentives offered to customers. It also has a normal debit balance, as it reduces total revenue.
- Sales Revenue: This is the total revenue earned from selling goods or services. It represents the primary source of income for a business and carries a normal credit balance.
- Cost of Goods Sold: This account reflects the direct costs attributable to the production of goods sold by a company. It generally carries a normal debit balance.
In summary, sales revenue is the only account in this list that typically maintains a normal credit balance.