Processing Invoices requires you to credit which of the following accounts?

A. Liabilities

B. Assets

C. Accounts Payable

D. None of the Above

Assets may be categorized into which of the following?

A. Accounts Payable

B. Inventory

C. Interest Payments

Credits are used on which of the following categories?

A. Assets

B. Liabilities

C. Shareholder's Equity

D. All 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