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:

Student Protest

Refers to demonstrations or movements initiated by students to voice their opposition to certain policies, actions, or societal issues.

Social Facilitation Theory

The idea that the presence of others affects an individual's performance, often enhancing the performance on simple tasks and impairing it on complex tasks.

Dominant Response

The most likely action or behavior to be displayed by an individual in a given situation, often resulting from practice, habit, or genetic predisposition.

Evaluation Apprehension

Anxiety or fear regarding being judged or evaluated by others.