This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The purchase of a good or service that has not yet been paid for is recorded in ________ on the balance sheet. (Read 99 times)

danitzaidaly

  • Full Member
  • ***
  • Posts: 132
on: May 9, 2022

Question 1

The profit earned, or the loss incurred by a firm, determined by subtracting expenses and taxes from revenues, is referred to as the ________.
◦ working capital
◦ current asset
◦ net income
◦ net sales
◦ gross income

Question 2

The purchase of a good or service that has not yet been paid for is recorded in ________ on the balance sheet.
◦ accrued expense
◦ owners' equity
◦ supplier's equity
◦ accounts payable
◦ deferred expense
Business in Action ¦ Bovee, Thill ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by danitzaidaly on May 9, 2022

bball_babe_123

  • Full Member
  • ***
  • Posts: 178
Reply #1 on: May 9, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


danitzaidaly

  • Member
  • Posts: 132
Reply 2 on: May 9, 2022
YES! Correct, THANKS for helping me on my review

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

good to eat good to eat
Men Present for Service during the Civil War Men Present for Service during the Civil War
Sample purchase order form. Sample purchase order form.
Good Old War - Part Of Me [Audio] Good Old War - Part Of Me [Audio]
Nuts are also a good source of B group vitamins (including folate), and vitamin E Nuts are also a good source of B group vitamins (including folate), and vitamin E
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Video: Primary and secondary response to infection

For a complete list of videos, visit our video library