A list of creditors with balances owed is called a

A. schedule of accounts receivable.

B. schedule of accounts payable.

C. list of suppliers.

D. trade list.

Schedule of accounts payable is the answer. A creditor is defined as someone whom we owe money to and someone who is collecting money from us. Accounts payable is defined as an existing account wherein we owe a party money. So a list of creditors with balances owed is known as a schedule of accounts payable since we owe creditors money that has not been paid to them yet.