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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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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)
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Asked 5/3/2012 9:08:30 PM
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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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Asked 5/3/2012 11:33:58 PM
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