Which of the following accounts normally contain a credit balance?
A: land
B: Accounts Receivable.
C: Accounts Payable.
D: Cash
A: land
B: Accounts Receivable.
C: Accounts Payable.
D: Cash
举一反三
- Which<br/>of the following accounts is NOT a liability? ( ) A: Accounts Payable B: Notes Payable C: Salaries Payable D: Accounts Receivable
- The purchase of tools on account is recorded by a A: debit to Accounts Payable and a credit to Tools. B: credit to Tools and a credit to Accounts Payable. C: debit to Tools and a credit to Accounts Payable. D: debit to Tools and a debit to Accounts Payable.
- Which of the following items are liabilities? （ ） A: Accounts payable. B: Accounts receivable. C: Service revenue. D: Equipment.
- A purchase of inventory on credit is referred to as a(n) A: notes receivable. B: accounts receivable. C: accounts payable. D: capital stock. E: notes payable.
- Indicate whether each of the following is identified with a liability.(2分) A: Equipment B: Accounts Receivable C: Cash D: Accounts Payable