The subsidiary Accounts Payable ledger is necessary for which of the following reasons ?

A. A more specific way to show how much you owe to each vendor.

B. Giving a complete picture of the company.

C. Publishing a list of all the company's revenue sources.

D. None of the Above

A decrease in Taxes Payable requires which of the following on the Cash Flow Statement?

A. An increase in Interest Payable

B. An increase in Cash

C. An increase in Accounts Payable

D. A decrease in Cash

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

The Trial Balance lists which of the following?

A. Accounts from the General Ledger

B. Sales from Income Statement

C. Expenses from Balance Sheet

D. None of the Above