The Salaries Payable account is an liability account with a
The Salaries Payable account is a(n) ________.
-liability account with a normal debit balance
-asset account with a normal debit balance
-liability account with a normal credit balance
-asset account with a normal credit balance
Solution
C. liability account with a normal credit balance.
The Salaries Payable account is a liability account with a normal credit balance.
