Which accounts of the following is considered nominal account? a (a) Rent Expense (b) Cash (c) Inventory (d) Accounts Payable

Which account is least likely to be debited when revenueis recorded?a. Accounts Payableb. Accounts Receivablec. Cashd. Unearned Revenue

Which of the following best describes the classification and normal balance of the accounts receivable account? Select one: a. Asset, Debit b. Liability, credit c. Revenue, credit d. Owner's equity, debit

Which of the following is an asset account? O A. Unearned Revenue O B. Notes Payable OC. Accounts Receivable O D. Wages Payable

How is the account Accounts Payable classified and what kind of balance should it have? Group of answer choices current liability, debit current liability, credit revenue, debit revenue, credit

Which of the following accounts has a normal debit balance? A. Interest Revenue B. Inventory C. Sales D. Accounts Payable

Which of the following considered a nominal account? a) Inventory b) Cash c) Rent Expense d) Accounts Payable accounts is

Which among the following is considered as an expense? a. Accounts payable b. Rent expense c. Sales Revenue d. Prepaid expense

Which of the following accounts has a normal debit balance? a.Accounts Payable b.Sales c.Interest Revenue d.Merchandise Inventory

The following source document is used to support the transactions related to returns outwards to creditors/accounts payables: O a. Purchases invoices O b. Debit note O c. Credit note O d. Payable note