Harris Landscaping Services incurred $500 as a labor expense and promised to pay the labor agency within 30 days.Which of the following accounts will increase as a result of this transaction?

Question

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The Accounts Payable account will increase because Harris Landscaping Services incurred a labor expense but has not yet paid for it, which means they owe the labor agency money. Accounts Receivable is not applicable as they did not receive any payments from customers. Cash and Owner's Capital are also not applicable as there is no indication that cash was involved or that the owner invested or withdrew any capital.

Harris Landscaping Services Incurred $500 as a Labor Expense and Promised