Which of the following item will have credit balance? A. Deferred revenue income B. Income earned but not received C. Declared but unpaid dividend D. Deduction on issue of debentures

The correct answer is A. Deferred revenue income.

Deferred revenue income is a type of income that is recognized in the current period but will be received in a future period. This type of income is typically recorded as a liability on the balance sheet until it is received.

Income earned but not received is a type of income that has been earned but has not yet been received. This type of income is typically recorded as an asset on the balance sheet until it is received.

Declared but unpaid dividend is a type of dividend that has been declared by the board of directors but has not yet been paid to shareholders. This type of dividend is typically recorded as a liability on the balance sheet until it is paid.

Deduction on issue of debentures is a type of deduction that is allowed to companies when they issue debentures. This type of deduction is typically recorded as a reduction in the cost of the debentures on the balance sheet.

In conclusion, the only item that will have a credit balance is deferred revenue income. This is because deferred revenue income is a type of income that is recognized in the current period but will be received in a future period.