Which of the following is the amount needed to service one's debt?

A. Accounts Payable

B. Interest Payable

C. Taxes Payable

D. Wages Payable

Which of the following would be included under Assets?

A. Retained Earnings

B. Inventory

C. Wages Payable

D. Notes Payable

Notes payable refers to which of the following?

A. Overpaid Bills

B. Future Services

C. Unpaid Services

D. Loans

Adjusting Entries help accountants in which of the following situations?

A. The business was paid for a service they have not yet done.

B. Entries were falsely recorded.

C. Entries were recorded for incorrect values.

D. None of the Above