You have new items in your feed. Click to view.
Question and answer
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.
Get an answer
Original conversation
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|

Question
Asked 5/3/2012 9:32:56 PM
Updated 5/3/2012 9:51:01 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
New answers
Rating
3
Accounts Payable are credit balances. They are a liability.
Added 5/3/2012 9:51:01 PM
This answer has been added to the Weegy Knowledgebase
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
WHAT FORMS ARE CREATED FROM AP DEPARTMENT AT THE END OF THE YEAR FOR NON-INCORPORATED INDIVIDUALS WHO HAS PAID OVER $600.00?
Weegy: What is your specific question? User: IS IT A 1099? OR 1040? User: DOES ACCOUNTS PAYABLE DEPARTMENT CREATES 1099 FORMS FOR NON-INCORPORATED INDIVIDUALS PAID OVER $600.00 AT THE END OF A CALENDAR YEAR? Weegy: What is your specific question? User: WHAT IS AN I-9 FORM? User: WHAT IS A W2 FORM Weegy: is a site with W2 information. User: On a company's Trial Balance, what are the accounts payable? User: DOES ACCOUNTS PAYABLE SHOW ON A COMPANY'S TRIAL BALANCE FOR CREDIT BALANCES OR DEBIT BALANCES? Weegy: The accounts payable will show the balance for either credit or debit. Whichever is used. (More)
Question
Expert Answered
Asked 5/3/2012 9:08:30 PM
0 Answers/Comments
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)
Question
Expert Answered
Asked 5/3/2012 11:33:58 PM
0 Answers/Comments
26,228,932 questions answered
Popular Conversations
What is the seventh term of a sequence whose first term is 1 and ...
Weegy: f is to the first power, g to the second. Multiply by 4; you get f^4g^8 source:yahoo User: Find the common ...
9/28/2016 11:27:57 AM| 3 Answers
The shortest distance from a point to a straight line is A. a ...
Weegy: The shortest distance from a point to a straight line is the perpendicular from the line to the point. User: ...
9/28/2016 12:21:32 PM| 3 Answers
Recreational water illnesses can only be contracted in fresh water ...
Weegy: Recreational water illnesses can only be contracted in fresh water sources, not swimming pools. FALSE. User: ...
9/28/2016 12:36:15 AM| 2 Answers
Locate the complete prepositional phrase and identify its ...
Weegy: Locate the complete prepositional phrase and identify its use. Behind Elizabeth stood the principal is adjective ...
9/28/2016 7:54:39 AM| 2 Answers
classification
Weegy: Classification systems are systems with a distribution of classes created according to common relations or ...
9/28/2016 12:45:31 PM| 2 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 1035 [Total 5107] Ratings 2 Comments 1015 Invitations 0 Offline
S
P
1
L
Points 791 [Total 1671] Ratings 8 Comments 711 Invitations 0 Offline
S
Points 223 [Total 517] Ratings 0 Comments 223 Invitations 0 Offline
S
L
P
Points 144 [Total 1256] Ratings 0 Comments 144 Invitations 0 Online
S
Points 105 [Total 105] Ratings 0 Comments 105 Invitations 0 Offline
S
L
P
P
P
Points 90 [Total 3952] Ratings 0 Comments 90 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.