Author Question: Which of the following accounts usually has a debit balance? a. Accounts Payable b. Sales Tax ... (Read 135 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
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
Answer to Question 1

d

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library