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Title: A company has a ten million dollar debit balance in the payable accounts. Given this information, ... Post by: tivo on Feb 20, 2017 A company has a ten million dollar debit balance in the payable accounts. Given this information, which of the following is a TRUE statement?
A) It is NOT normal for payable accounts to have a debit balance B) Not enough information provided, since normal account balances are different for each company. C) Payable accounts don't tend to run this high, so this is not a normal balance. D) It is ALWAYS normal for payable accounts to have a debit balance. Title: Re: A company has a ten million dollar debit balance in the payable accounts. Given this ... Post by: antonio_john on Feb 20, 2017 Content hidden
Title: Re: A company has a ten million dollar debit balance in the payable accounts. Given this information, ... Post by: tivo on Apr 10, 2017 I appreciate it once again, answered correctly
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