0
An account payable is something the company owes but has yet to pay. All payable accounts are listed as liabilities on the books (including the Trial Balance Sheet) until they are paid.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
If the accounts payable account balance increase on the trial balance?
account payable increase on trial balance
Accounts Payable is considered a on the Trial Balance?
yes, liability accounts are on the trial balance.
On a trial balance what Are the accounts payable?
debit balances
What are accounts payable on a trial balance?
debit balances
Is Accounts Payable considered a debit on the Trial Balance?
No, it is a Credit because Accounts payable is a Liability account.
If the accounts payable account balance increase on the trial balance?
account payable increase on trial balance
Accounts Payable is considered a on the Trial Balance?
yes, liability accounts are on the trial balance.
Where are accounts payable on a trial balance?
Debit
On a trial balance what Are the accounts payable?
debit balances
What are accounts payable on a trial balance?
debit balances
What are the accounts payable on the trial balance?
debit balances
What does it means it the accounts payable balance has increased on the Trial Balance?
Accounts Payable are the amounts owing by the business to its creditors.in a situation where the Accounts Payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
What does it mean when the accounts payable balance has increased on the trial balance?
Accounts Payable are the amounts owing by the business to its creditors.in a situation where the accounts payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
Is Accounts Payable considered a debit on the Trial Balance?
No, it is a Credit because Accounts payable is a Liability account.
What does it mean when the Accounts Payable account balance has increased on the Trial Balance?
accounts payable are the amounts owing by the business to its creditors.in a situation where the accounts payable balance has increased in the trial balance means that the amount owing by the business has increased probably due to more credit purchases.
On a trial balance what is the accounts payable?
An account payable is something the company owes but has yet to pay. All payable accounts are listed as liabilities on the books (including the Trial Balance Sheet) until they are paid.
Where does accounts payable go on trial balance?
On the balance sheet accounts payable are located under current liabilities.
