Liability accounts you start with

If you select a preset chart of accounts when you set up your QuickBooks company, QuickBooks automatically sets up these liability accounts for you:

Accounts Payable Track what your company owes to suppliers and vendors.
Credit Card Track expenses you charge to a credit card. If you use more than one credit card, you can set up additional credit card accounts for each card.
Loan Payable Track payments you make on a loan.
Sales Tax Payable QuickBooks creates this account if you indicated that you charge sales tax when you set up your company. The account tracks your company's sales tax liability.