Accounts Payable is a(n) account and has a normal balance.

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Accounts Payable is a(n) ________ account and has a normal ________ balance.

Accounts Payable is a(n) ________ account and has a normal ________ balance.
A) asset; debit
B) liability; debit
C) asset; credit
D) liability; credit

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 166 times

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