Accounts Payable Is A(n)________ Account and Has a Normal ________

question 137

Multiple Choice

Accounts Payable is a(n) ________ account and has a normal ________ balance.

• A) liability; debit
• B) asset; debit
• C) liability; credit
• D) asset; credit

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Definitions:

Company's Fourth-of-July

A celebration or event held by a company on or around the Fourth of July, typically to mark the United States Independence Day with various festivities.

Holiday Cards

Greeting cards sent typically during holiday seasons to convey messages of goodwill, celebration, and connection among friends and family.

Vertical Occupational Segregation

The division of labor in the workplace along hierarchical lines, often resulting in gender-based discrepancies in job positions and salaries.

Horizontal Occupational Segregation

The division of jobs into fields dominated by one gender over the other, leading to disparities in employment and pay.