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:

Widowed People

Individuals who have lost their spouse through death and have not remarried.

Natural Disaster

A major adverse event resulting from natural processes of the Earth, such as earthquakes, floods, hurricanes, or tornadoes, causing significant damage and loss.

Social Stress

Stress that arises from one’s relationships with others and from the social environment in general.

Daily Hassle

Routine challenges and minor irritations encountered in day-to-day life that can contribute to overall stress.