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:

Conservative Businesswoman

A woman who adopts traditional approaches and cautious practices in business activities, often prioritizing stability and long-term value.

Secret Identities

Alternate personas kept hidden from the general public, often used in narratives to protect characters with dual lives, like superheroes.

Real Selves

The authentic aspects of an individual's personality or identity, as opposed to their public or social personas.

Avoidance Self

A concept in psychology referring to the aspects of an individual's self-concept defined by what they strive to avoid being.