Solved

The Accounts Payable Account Is

Question 55

Multiple Choice

The Accounts Payable account is:


A) a capital, and it has a normal debit balance.
B) a withdrawal, and has a normal credit balance.
C) a liability, and it has a normal debit balance.
D) a liability, and it has a normal credit balance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions