Which of the following accounts has a normal credit balance?

A) Purchases
B) Sales Returns and Allowances
C) Freight-In
D) Purchase Discounts

Sales Returns and Allowances

Deductions from a company's sales revenue that account for returned goods and discounts or allowances given to customers.

Purchase Discounts

Reductions in the purchase price of goods, services, or assets, usually offered as an incentive for prompt payment.