This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A company has a $12,354 credit balance in the salary payable account. Given this information, which ... (Read 25 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Feb 18, 2020
A company has a $12,354 credit balance in the salary payable account. Given this information, which of the following is a TRUE statement?
◦ Not enough information provided, since normal account balances are different for each company.
◦ Payable accounts shouldn't be this high, so this is not a normal balance.
◦ It is ALWAYS normal for payable accounts to have a credit balance.
◦ It is NOT normal for payable accounts to have a credit balance.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Arii_bell on Feb 18, 2020

ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


Arii_bell

  • Member
  • Posts: 596
Reply 2 on: Feb 18, 2020
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Four types of cellular responses to positional information in animals. Four types of cellular responses to positional information in animals.
Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
The science-based DRIs serve as the basis for information The science-based DRIs serve as the basis for information
Cereal-box readers will read the information on the box as many as 12 times Cereal-box readers will read the information on the box as many as 12 times
Nitrogen Balance and Imbalance Nitrogen Balance and Imbalance
Fluid Balance during Exercise Fluid Balance during Exercise
Video: Neuron Type Animation

For a complete list of videos, visit our video library