Accounts Payable is reported on which financial statement?
A) balance sheet
B) income statement
C) statement of owner's equity
D) none of the answers listed

Name: Accounts Payable is reported on which financial statement? A) balance sheet B) income statement C) statement of owner's equity D) none of the answers listed
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Question

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Accounts Payable is a liability and is reported on the Balance Sheet, which shows the company's assets, liabilities, and owner's equity at a specific point in time.

Accounts Payable Is Reported on Which Financial Statement