Which of the following can be used to indicate that the balance within an accounts payable subsidiary account is a debit?Multiple ChoiceAsteriskCheckmarkCircleDouble Underline
Question
Which of the following can be used to indicate that the balance within an accounts payable subsidiary account is a debit?Multiple ChoiceAsteriskCheckmarkCircleDouble Underline
Solution
The correct answer is Double Underline. In accounting, a double underline is used to indicate a final total or a balance that is out of the ordinary, such as a debit balance in an account that normally carries a credit balance, like accounts payable.
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