Provide an Explanation for Each of the Follow Liability Accounts

question 19

Essay

Provide an explanation for each of the follow liability accounts.
$$\begin{array} { | l | l | } \hline \text { Account Name } & \text { Explanation } \\\hline \text { Accounts Payable } & \\\hline & \\\text { Accrued Liability } & \\\hline & \\\text { Unearned Revenue } & \\\hline\end{array}$$

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Definitions:

Data Type

A classification specifying the type of data a variable, attribute, or object can hold in programming or data management.

Field Selectors

Instructions or expressions in a query that specify which fields or columns of data are to be displayed or manipulated in the output result.

Record Selector Button

A graphical control element that allows users to select records, typically seen in database applications or spreadsheets.

Column Heading

The label or title at the top of a column that describes the type of data that column contains, often found in spreadsheets and tables.