Solved

The Normal Balance of the Accounts Payable Account Is a ________

Question 136

Multiple Choice

The normal balance of the Accounts Payable account is a ________ because it is a(n) ________ account.


A) credit; liability
B) debit; stockholders' equity
C) credit; expense
D) debit; asset

Correct Answer:

verifed

Verified

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

Related Questions