when credit sales are made, expense is considered a normal
When credit sales are made, Expense is considered a normal and necessary risk of doing business on a credit basis. This question was answered on Jan 23, 2017. View the Answer. When credit sales are made, Expense is considered a normal and necessary risk of doing business on a credit basis. Top Answer.
When credit sales are made, the effect is an increase in resources (assets) and an increase in sources of resources (stockholders equity). The specific accounts affected are accounts receivable (debited) and sales (credited).