Which of the Following Accounts Belongs in the Liability Section

question 67

Multiple Choice

Which of the following accounts belongs in the liability section of a balance sheet?

• A) interest expense
• B) accumulated depreciation
• C) accounts payable
• D) preferred stock

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Definitions:

Epidemic

A wide and rapid spread of a contagious disease.

Community Health Programs

Initiatives designed to maintain and improve the health status of individuals in a community by addressing various health concerns through education, prevention, and intervention.

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, characterized by painful urination and discharge.

Sterility

The inability to conceive children or produce offspring, often due to problems with fertility.