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Q: ON A COMPANY'S TRIAL BALANCE, WHAT ARE THE ACCOUNTS PAYABLES? CREDIT BALANCES? DEBIT BALANCES OR BOTH?
A: 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
This answer has been added to the Weegy Knowledgebase
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DEFINE A RECEIPT LOG User: DEFINE RECEIPT LOG User: DEFINE NET SALES? User: DEFINE INTERNAL INVETORY?
Weegy: Inventory on the company's books (More)
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Expert Answered
Updated 5/4/2012 2:35:44 AM
1 Answer/Comment
DEFINE NET SALES

The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. The sales number reported on a company's financial statements is a net sales number, reflecting these deductions.

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Added 5/4/2012 2:35:44 AM
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