All categories

2 years ago

The accounts payable account is a/an_____ _, and it has a normal.

Business

1 answer:

Viktor [21]2 years ago

5 0

The accounts payable account is a/an option C: <u>liability; credit, </u>and it has a normal.

<h3>What do you mean by Account payable?</h3>

A account payable is refers to as the monet owned by a company to its supplies and its represent in the firm's balance sheet.

The main role of account payable os to provide financial, administrative and clerical support to the firm. Their main role include complete the whole payment and control expenses.

Moreover, it is considered as the liability for each business because the company have to pay back its all due on particular period of time and it is credit in nature.

Hence, rest all options like A, B and D are incorrect because it does not considered under the account payable account.

Therefore, correct option is C.

Learn more about Account payable, refer to the link:

brainly.com/question/14438810

#SPJ1

You might be interested in

You're 35 years old now, and you want to purchase life insurance which will cover your spouse for your lost income in the event

Korvikt [17]

Answer:

c. 30-year term policy

Explanation:

If I am 35 years old now, and want to purchase life insurance which will cover my spouse for my lost income in the event of your death; and if I want this policy to last until what would be your normal retirement age of 65.

Based on the given information, the best policy to buy is a 30-year term policy because logically that adds up as 30 + 35 = 65 years.

A 30-year term policy means the policy expires 30 years after it began. Generally, a 30-year term is the maximum length of coverage offered, and is usually available to those within the ages 18 to 50.

6 0

3 years ago

Lydia Hagberg went to her bank, California Federal Bank, FSB, to cash a check made out to her by Smith Barney (SB), an investmen

user100 [1]

Answer:

Yes the absolute privilege for communications made in judicial or other official proceedings apply to statements made when a citizen contracts the police to report suspected criminal activity

Explanation:

Absolute priviledge for communication is the provision that covers a person from legal action on grounds of defamation for statements made. Under certain circumstances a person can make defamatory statements and be immune from legal action.

In this scenario Lydia Harberg went to California Federal Bank to cash a check that was suspected to be fake.

Nolene Showalter contacted SB to confirm. Based on the information provided at that time, the check was confirmed to be fake. The implication was that a fraud was being perpetrated.

So his action of calling the police is justified. SB only verified they gave out wrong information the first time

8 0

3 years ago

imagine braintly not allowing you to talk to a helping hand. yall doing too much that's why they think they the Kardashianios

Readme [11.4K]

Answer:

That's just how they are lol

5 0

3 years ago

Gary and Wilma Johnson plan to open a bus tour business, taking people from their small city to historic sites along the East Co

Komok [63]

The answer to the given question above would be option D. Profit Margin. On the given scenario above, since they will be offering different kinds of services at once, what they should pay attention to is the profit margin or the net margin. Profit margin serves as the measurement of profitability. This is expressed in percentage and shows how much the return sales are that are generated by the company based on the amount they have initially invested.

4 0

3 years ago

Read 2 more answers

Core Corporation reported current earnings and profits of $250,000. It distributed a buildingwith an adjusted basis to Core of $

Svet_ta [14]

Answer:

B. $140,000

Explanation:

An adjusted basis refers to the total cost of acquiring an asset. In include transportation, installing, commissions, and all other relevant fees. The fair market value represents the price an asset can fetch if sold in the market. It is the amount that a company will receive if it were to dispose of an asset in the market.

Shareholders will be the fair market value adjusted for the mortgage balance.

=$ 230,000 - $ 90,000

=$140,000

8 0

4 years ago

The accounts payable account is a/an_______ ___, and it has a normal.

The accounts payable account is a/an_____ _, and it has a normal.