Notes payable, accounts payable, taxes payable and salaries payable are all examples of:
A) revenues.
B) expenses.
C) assets.
D) liabilities.
Correct Answer:
Verified
Q33: A trial balance is:
A)a list of balance
Q34: If the debit amount of an entry
Q35: The entry to record the payment of
Q36: Consider the following transactions: I. Owners invested
Q37: In accounting, the process of posting involves
Q39: Accounting transactions are initially recorded in the:
A)poster.
B)ledger.
C)journal.
D)T-
Q40: Which of the following is NOT an
Q41: Consider the following transactions: I. Owners invested
Q42: Which of the following statements regarding a
Q43: Receiving a check from a customer on
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