Accountıng I Deneme Sınavı Sorusu #1136065

Which of the following account is used when the company promises to pay a debt in the future and when the transaction arises from a credit purchase?


Accounts Payable

Accounts Receivable

Unearned revenue

Prepaid expenses

Notes receivable


Yanıt Açıklaması:

• Accounts Payable. The Accounts Payable account is the opposite of Accounts Receivable. A or The company promises to pay a debt in the future. Arises from a credit purchase.

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