when a company buy some goods and promise to pay the mony, then the company get a ( ).
A: account receivable
B: account payable
C: stockholders' equity
D: loan
A: account receivable
B: account payable
C: stockholders' equity
D: loan
举一反三
- Holt Company sold $1,000 of goods on credit to Renfrew Company. This would be recorded as an Account ( ) of Holt company and as an Account ( ) of Renfrew Company. A: Receivable, Receivable B: Payable, Payable C: Receivable, Payable D: Payable, Receivable
- A customer's monthly bill from the electric company would be an ( ) of the electric company until the customer paid the bill. A: account payable B: account receivable C: inventory D: prepaid expense
- Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable
- Company receive the money of the loan, $200 000, and deposit it in its bank account, which side should we record the account Cash in bank? A: debit B: credit
- When a company pays a bill, the account Cash will be__. A: No change B: Debited C: Credited