Accounts Payable would appear on which financial statement?
A) Balance sheet
B) Income statement
C) Owner's equity statement
D) None of these answers are correct.

Name: Accounts Payable would appear on which financial statement? A) Balance sheet B) Income statement C) Owner's equity statement D) None of these answers are correct.
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Question

Quizplus · Accepted Answer

Accounts Payable is a liability, and as such would appear on the balance sheet. The balance sheet lists a company's assets, liabilities, and equity as of a specified date.

Accounts Payable Would Appear on Which Financial Statement