Which of the Following Accounts Is a Liability

question 159

Multiple Choice

Which of the following accounts is a liability?

• A) Accounts payable
• B) Prepaid expenses
• C) Salary expense
• D) Service revenue

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Definitions:

External Examination

The process of assessing the condition or quality of something by inspecting its outer surface or features.

Proprioceptors

Sensory receptors located in muscles, tendons, and joints, responsible for sensing body position and movement.

Memory Failure

The inability to recall or recognize information that was previously encoded into the brain's memory.

Fight-or-Flight

A physiological response to perceived harmful events or threats, preparing the body to either confront or avoid the danger.