Question
Account Definition Normal Balance Liability Accounts Payable Amounts the business owes to a creditor, resulting from an oral or implied promise to pay at some
Account | Definition | Normal Balance | |
Liability | Accounts Payable | Amounts the business owes to a creditor, resulting from an oral or implied promise to pay at some future date | Credit |
| Accounts Receivable |
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| Accrued Expenses |
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| Accrued Interest Receivable |
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| Accrued Utilities |
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| Accrued Wages Payable |
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| Additional Paid-in Capital |
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| Advance Deposit |
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| Cash |
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| Common Stock |
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| Common Stock |
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| Expense |
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| Income Taxes Payable |
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| Inventories |
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| Marketable Securities |
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| Notes Payable |
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| Prepaid Expenses |
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| Property & Equipment |
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| Retained Earnings |
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| Revenue |
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| Treasury Stock |
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| Unearned Revenues |
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