Which of the following would you purchase inventory items from (accounts payable)?

A. Banks

B. Suppliers

C. Investors

D. Customers

Debt may be owed to which of the following?

A. Investors

B. Banks

C. Suppliers

D. All of the Above

Which of the following accounts is created to ensure equilibrium in the Balance Sheet after a customer files for bankruptcy before paying their debt?

A Bad Debt Expense

B. Uncollectible Accounts Payable

C. Bankruptcy Expense

D. Uncollectible Accounts Receivable

Which of the following accounts would decrease in value if they were debited?

A. Utility Expense

B. Cash

C. Accounts Payable

D. Inventory

Based on California in USA