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On a balance sheet the accounts of accounts payable salaries payable and mortgage notes payable would fall under the category of?
Wiki User
∙ 8y ago
Accounts payables and salaries payable are part of current liability in balance sheet while current portion of mortgage notes payable is part ot current liability and remaining portion is part of long term liability.
Wiki User
∙ 9y ago
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On a balance sheet the accounts payable salaries payable and mortgage notes payable would fall under the category of?
Liabilities.
On a balance sheet the accounts payable and salaries payable would fall under what category?
current liability
On a balance sheet the accounts pauable and salarys payable would fall under the catergory of?
Accounts payable and salaries payable both are part of current liability of balance sheet and shown there at liability side.
Does accrued salaries have a debit or credit balance?
Credit; liability accounts are always credit
Is wages and salaries expenses on a normal balance account considered a debit or credit?
Wages and salaries both are expenses to the company and like all expenses normal debit balance these accounts also have debit balance as their normal balance.
On a balance sheet the accounts payable salaries payable and mortgage notes payable would fall under the category of?
Liabilities.
On a balance sheet the accounts payable and salaries payable would fall under what category?
current liability
On a balance sheet the accounts pauable and salarys payable would fall under the catergory of?
Accounts payable and salaries payable both are part of current liability of balance sheet and shown there at liability side.
Does accrued salaries have a debit or credit balance?
Credit; liability accounts are always credit
Is wages and salaries expenses on a normal balance account considered a debit or credit?
Wages and salaries both are expenses to the company and like all expenses normal debit balance these accounts also have debit balance as their normal balance.
What accounts is NOT a permanent account A cash B accounts payable C salaries expense D thomas bernard capital?
Salaries expense is not a permanent account because it will ultimately be closed to retained earning account at the end of fiscal year and from new year salaries expense account start with nill balance.
Are salaries listed on the balance sheet?
Salaries are part of income statement if paid while if not paid then payable will be shown in balance sheet.
What is the normal balance for accounts payable?
Accounts payable is a liability account and all liability accounts have credit balance as normal balance so accounts payable is also credit as a normal balance
What accounts would appear in the balance sheet?
The asset(e.g.cash, marketable securities, accounts receivable, inventories, land, building, etc..) , liabilities(e.g.accounts payable, notes payable, accruals, mortgage payable, etc..), and equity accounts (e.g.ordinary share capital, preference share capital, ordinary share premium, preference share premium, retained earnings.. etc.) appear in a balance sheet. As it is called balance sheet, the asset accounts must be equal with the liabilities and equity accounts (asset = liabilities + capital).
Accounts Payable is considered a on the Trial Balance?
yes, liability accounts are on the trial balance.
Are balance sheet accounts are temporary accounts?
no
information for my bank accounts?
balance of my accounts
