Which of the Following Accounts Appear in the Liabilities Section

question 19

Multiple Choice

Which of the following accounts appear in the liabilities section of the balance sheet?

• A)Accounts payable,notes payable,allowance for doubtful accounts
• B)Warranties payable,discount on notes payable,accounts payable
• C)Notes payable,discount on notes payable,credit card receivables
• D)Accounts payable,allowance for doubtful accounts,warranties payable

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Definitions:

Information Processors

Entities (either mechanical, digital, or biological) that take in, process, and output information based on specific rules.

Higher Status

A position of greater importance, prestige, or authority in comparison to others within a social hierarchy.

Patrol Officers

Police officers who are assigned to patrol specific areas to prevent and detect crime, enforce laws, and attend to community concerns.

Middle Managers

Employees who manage the activities of subordinate staff while also reporting to higher-level management.