Business transactions that represent unsecured accounts ...

[SAVANNAHHOOPER23]

Business transactions that represent unsecured accounts receivable in which credit has been extended without a formal written contract are
 A) delinquent accounts.
  B) open-book accounts.
  C) closed accounts.
  D) aging accounts.

Question 2

A profit and loss (P&L) statement is a financial report for an individual employee indicating how much revenue that employee generated during a certain time period .
 
 Indicate whether the statement is true or false

[Joc]

Answer to Question 1

B

Answer to Question 2

False

[SAVANNAHHOOPER23]

Thanks for the timely response, appreciate it

[Viet Thy]

Great answer, keep it coming