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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
This answer has been added to the Weegy Knowledgebase
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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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