A Debit Balance in Which of the Following Accounts Would

question 65

Multiple Choice

A debit balance in which of the following accounts would indicate a likely error?

• A) Salaries expense
• B) Accounts payable
• C) Inventory
• D) Equipment

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Definitions:

Health Care

A sector concerned with the maintenance or improvement of health through the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in people.

The United States

A federal republic consisting of 50 states, a federal district, and several territories, known for its significant influence on world economics and politics.

Right or Privilege

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UN Global Compact

A United Nations initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.