Accountıng I Deneme Sınavı Sorusu #1313610
Which one of the following describes a debt owed without note?
|
Cash |
|
Accounts Receivable |
|
Notes Receivable |
|
Prepaid Expenses |
|
Buildings |
Yanıt Açıklaması:
Accounts Receivable. Companies might sell their goods and services on account and receives a
promise for future collection of cash. The Accounts Receivable account holds a customer’s promise
to pay in the future for services or goods sold on account.
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