Multiple Choice
The right to receive money in the future is called a(n)
A) account payable.
B) account receivable.
C) liability.
D) revenue.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following uses accounting information
Q44: The liability created by a business when
Q65: Two internal users of accounting information are
Q85: Expenses are identified by the type of
Q102: Shareholder's equity consists of at least two
Q104: Identify the users and uses of accounting.
Q108: A private corporation is one whose shares
Q109: If total liabilities decreased by $45,000 during
Q112: Describe the primary forms of business organizations.
Q113: The reasons for a decrease in cash