To increase a liability account, you credit the account.

Accounts Payable normally has a debit balance.

Which of the following would NOT have assets on it?

Another term for net worth is:

If the income summary has a debit balance, the company is operating at a:

Money paid for the use of money is:

Revenue has a ___________balance.

Expenses get closed out to what account?

The Trial Balance is an informal financial statement.

Which of the following is an example of a liability?