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On 31 July 2014 Comfy Heaters Sells Goods to Barker

Question 59

Multiple Choice

On 31 July 2014 Comfy Heaters sells goods to Barker who agrees to pay for them within 45 days. On the balance sheet of Comfy Heaters at 31 July 2014 the amount owing by Barker would be reported as the asset:


A) cash at bank.
B) accounts payable.
C) accounts receivable.
D) creditor.

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