Which of the Following Is a Liability Account

question 93

Multiple Choice

Which of the following is a liability account?

• A) Accounts Payable
• B) Prepaid Expense
• C) Salaries Expense
• D) Service Revenue

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Definitions:

Outputs

The results or signals that come out of a system, device, or program, typically as a response to inputs.

Sequencer

A control function or device that executes a series of events or operations in a predetermined order.

Sequencer

A control function or device that executes a series of events or tasks in a specified order, often used in automation and process control.