The accounts payable account is a/an option C: <u>liability; credit, </u>and it has a normal.
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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.
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Answer:
Following is the solution for the given problem.
Explanation:
Best order size, EOQ =√2DS/H
EOQ = √2*4700*60/5
EOQ = 336 units.
D = 4700/300 = 15.66.
σ L= √∑σ²
= √3*(5)² = 8.66.
Reorder point, R = D*L+ z σ L
Reorder point, R = 15.66*3 + 1.282*8.66
Reorder point, R = 58 units.
Answer:
If the economy is at the potential output and the Fed increases the money supply, in the long run real GDP will likely remain the same.
Explanation:
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"In accounting, reconcile means to compare two sets of records to make sure they are in agreement"
She compared two sets of records for example checking and finance to make sure it's in agreement
Answer:
A. It widens the area inside the frontier on a production possibilities
curve.
Explanation: