For Salary Payable,the Category of Account and Its Normal Balance

question 121

Multiple Choice

For Salary Payable,the category of account and its normal balance are:

• A) Owner's equity and a credit balance.
• B) Assets and a debit balance.
• C) Liabilities and a credit balance.
• D) Assets and a credit balance.

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Definitions:

Functional Design

A design approach focused on creating products, systems, or services that are primed primarily for efficient and effective functionality rather than aesthetic qualities.

Multidivisional Design

A type of organizational structure that segments operations by product, service, or geographic location, facilitating specialization and managerial focus.

Functional Design

A design approach focused on creating products, systems, or processes that prioritize functionality and efficiency to meet specific objectives.

Product Design

The process of creating and developing new products, considering their appearance and functionality.