Post a New Question


posted by .

what catergorie does accounts payable belong to? income statement or statement of changes in owner equity or balance sheet. im not sure but i think balance sheet.

  • accounting -

    You are correct! By definition Accounts Payable is a liability and belongs on a Balance Sheet. Only income and expenses are included in an Income Statement.

    Improve Answer


Answer This Question

First Name
School Subject
Your Answer

Related Questions

More Related Questions

Post a New Question