The money the dental office owes to others is termed ...

[sammy]

The money the dental office owes to others is termed ____________.
 a. accounts receivable
  b. accounts payable
  c. accounts due
  d. past-due accounts

Question 2

The money owed the dental practice is termed ____________.
 a. accounts receivable
  b. accounts payable
  c. accounts due
  d. past-due accounts

[covalentbond]

Answer to Question 1

b
RATIONALE: The money the dental office owes to others is termed accounts payable.

Answer to Question 2

a
RATIONALE: The money owed the dental practice is termed accounts receivable.

[sammy]

Wow, this really help

[Mochi]

Thanks for the timely response, appreciate it