Multiple Choice
Wehrmann-Longo sells landscape rocks to retailers.It recently purchased a trainload of lava rocks from a mine in Hawaii.Until Wehrmann-Longo pays the bill,the purchase will be carried on the Hawaiian company's books as which of the following?
A) an account payable
B) an account receivable
C) an intangible asset
D) a current asset
Correct Answer:
Verified
Correct Answer:
Verified
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