What type of account is "Salaries Payable"? a) Asset b) Liability c) Revenue d) Expense

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 7DQ
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What type of account is "Salaries Payable"?
a) Asset
b) Liability
c) Revenue
d) Expense
Transcribed Image Text:What type of account is "Salaries Payable"? a) Asset b) Liability c) Revenue d) Expense
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