The Normal Balance of the Accounts Payable Account Is a ________

question 136

Multiple Choice

The normal balance of the Accounts Payable account is a ________ because it is a(n) ________ account.

• A) credit; liability
• B) debit; stockholders' equity
• C) credit; expense
• D) debit; asset

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Definitions:

Psychosis

A mental health disorder characterized by a disconnection from reality, which may include hallucinations, delusions, and disordered thinking.

OCD

Obsessive-compulsive disorder, a mental disorder where individuals have recurring, unwanted thoughts and perform repetitive behaviors.

Psychiatric Disorder

A mental or behavioral pattern that causes significant distress or impairment of personal functioning.

Asperger Syndrome

A developmental disorder affecting ability to effectively socialize and communicate, part of the autism spectrum.