Which of the following accounts usually has a debit balance? a. Accounts Payable b. Sales Tax ...

Author Question: Which of the following accounts usually has a debit balance? a. Accounts Payable b. Sales Tax ... (Read 139 times)

Marty

Hero Member
Posts: 553

on: Jul 5, 2018

Which of the following accounts usually has a debit balance?
a. Accounts Payable
b. Sales Tax Payable
c. Sales
d. Merchandise Inventory

Question 2

The Securities and Exchange Commission (SEC) requires all publicly traded companies to have a fiscal yearend of December 31.

Indicate whether the statement is true or false

prumorgan

Sr. Member
Posts: 326

Reply #1 on: Jul 5, 2018

Answer to Question 1

d

Answer to Question 2

FALSE

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