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
21,764,447 questions answered
Popular Conversations
5. What is the correct order of the four steps of the writing ...
Weegy: A. revise. User: 6. The past tense of the verb drive is A. drove. B. droved. C. drived. D. driven.
7/31/2015 6:30:58 AM| 3 Answers
How much oxygen is contained in the ...
Weegy: C. atmosphere, the biosphere and the water cycle User: ________ is the biogeochemical cycle in which carbon ...
7/31/2015 5:11:19 PM| 2 Answers
The basic unit of all forms of life is a(n) A. organ ...
Weegy: C. circulatory system is the organ system is responsible for transporting oxygen throughout the human body. ...
7/31/2015 11:10:05 PM| 2 Answers
Weegy Stuff
S
Points 38 [Total 264]| Ratings 0| Comments 38| Invitations 0|Online
S
Points 31 [Total 346]| Ratings 0| Comments 31| Invitations 0|Offline
S
L
L
Points 4 [Total 8577]| Ratings 0| Comments 4| Invitations 0|Offline
S
1
L
Points 3 [Total 1393]| Ratings 0| Comments 3| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
L
Points 3 [Total 10356]| Ratings 0| Comments 3| Invitations 0|Offline
S
1
L
L
Points 1 [Total 8469]| Ratings 0| Comments 1| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.