Identify the Account Below That Is Classified as a Liability

question 188

Multiple Choice

Identify the account below that is classified as a liability account:

• A)Cash
• B)Accounts Payable
• C)Salaries Expense
• D)J.Jackson,Capital
• E)Equipment

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Definitions:

Unidirectional

Refers to a process or communication that moves in one direction only, without a return path or feedback loop.

Audiences

Groups of individuals who receive and react to messages, such as those in media, communications, or presentations.

Deductive Reasoning

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.

Specific Evidence

Concrete, detailed, and relevant data or information that supports a claim, argument, or investigation.