The sales tax payable account is reported in the current liability section of the balance sheet until the tax is paid. True False The account Unearned Revenue is generally considered to be a current liability account. True False True or false? Liability accounts...
Accounts payable is a current liability account in which a company records the amounts it owes to suppliers or vendors for goods or services that it received on credit. Definition of Accounts Receivable Accounts receivable is a current asset account in which a company records the amounts it has...
Accounts payable (AP) is an account that represents a company’s short-term debts. Essentially, this number represents all the money a business owes others. This account is listed on a balance sheet, which is a key financial statement and part of a company’s general ledger. Accounts payable...
Accounts payable is a ___.:A.long-term assetB.current assetC.current liabilityD.long-term liability的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,刷题练习的工具.一键将文档转化为在线题库手机刷题,以提高学习效率,
Accounts Payable is a liability account in which suppliers’ or vendors’ approved invoices are recorded. As a result, the balance in Accounts Payable should be a precise amount. Definition of Accrued Expenses Payable Accrued Expenses Payable is a liability account that records amounts that are owe...
文章第三段提到Accounts payable are debts...on an open account.本题是关于应付账款的表述,应付账款是企业欠供应商的债务,是由于购买商品时进行赊销而形成的应付账款,应付账款属于短期流动债务。结果一 题目 Which of the following statements is true? Accounts payable are ___.A.debts owed to supplier...
While Account Payable refers to how much a business owes,Accounts Receivable(AR) encompasses the money owed to the business. It refers to the money that is expected from customers but has not yet been paid. Like Accounts Payable, AR could refer to the department responsible for this money. ...
Accounts payable is the opposite of accounts receivable更多:https://www.bmcx.com/. 翻译结果(简体中文)1: 应付账款是应收账款的对面更多:https://www.bmcx.com/。 翻译结果(简体中文)2: 应付账款是应收账款的相反更多:https://www.bmcx.com/。
purchased on credit. The debit could also be to an asset account if the item purchased was a capitalizable asset. When the bill is paid, the accountant debits accounts payable to decrease the liability balance. The offsetting credit is made to the cash account, which also decreases the cash...
百度试题 题目Which of the following is NOT a liability account: A.Accounts PayablesB.Rent PayablesC.Unearned RevenuesD.Utility Expenses相关知识点: 试题来源: 解析 D 反馈 收藏