Which of the following accounts is a liability?
A) Accounts payable
B) Prepaid expenses
C) Salary expense
D) Service revenue
Correct Answer:
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Q9: A listing of all account titles in
Q10: A trial balance is a list of
Q11: A chart of accounts is the book
Q12: Which of the following accounts is an
Q13: An account is the detailed record of
Q15: Which of the following accounts is an
Q16: Expenses are increases in owner's equity caused
Q17: Which of the following accounts is NOT
Q18: Prepaid expenses are recorded as:
A) assets.
B) liabilities.
C)
Q19: Which of the following accounts is NOT
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