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debit balances

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Adah Johnson

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Q: What are accounts payable on a trial balance?
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Related questions

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


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.


On a trial balance what Are the accounts payable?

debit balances


What are the accounts payable on the 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.


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.


On a company's 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.