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ON A COMPANY'S TRIAL BALANCE, WHAT ARE THE ACCOUNTS PAYABLES? CREDIT BALANCES? DEBIT BALANCES OR BOTH?
Accounts Payable are credit balances. They are a liability.
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User: ON A COMPANY'S TRIAL BALANCE, WHAT ARE THE ACCOUNTS PAYABLES? CREDIT BALANCES? DEBIT BALANCES OR BOTH?

Weegy: The answer would be both. The payable accounts can be either credit or debit.
Expert answered|AwesomeGuy200|Points 21|

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Asked 5/3/2012 9:32:56 PM
Updated 5/3/2012 9:51:01 PM
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Accounts Payable are credit balances. They are a liability.
Added 5/3/2012 9:51:01 PM
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WHAT FORMS ARE CREATED FROM AP DEPARTMENT AT THE END OF THE YEAR FOR NON-INCORPORATED INDIVIDUALS WHO HAS PAID OVER $600.00?
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What does it mean for a customer's invoice totaling $10,500.00 if the payment terms are 10% 10 Days Net 30 Days?
Weegy: This means that if you pay off your debt within 10 days, [ you only have to pay back $9,450 (they are rewarding you with a 10% discount because you are paying them faster). If you wait to pay them back past 10 days you owe the full amount (net) by the end of the 30 days past the invoice date/ or whatever date you agreed upon. 10% is a great discount when your only talking 10 - 30 days, TAKE IT! ] (More)
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