An account is the accounts payable account. query with several options. costs, revenues, assets, and liabilities is liability
Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability.
Accounts Payable is the term used when a business acquires products on credit that must be repaid within a short period of time. It is categorized under the category of "current liabilities" and is handled as a liability. A short-term debt payment called accounts payable must be made in order to stay in good standing.
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Answer:
These are careers that are focused on running businesses.
Explanation:
The business management and administration career cluster are careers that are focused on the running of businesses. What it does is to help students prepare for effective and good careers on the processes of running good and productive businesses. It has several career pathways to follow in achieving this.
Answer:
Explanation:
Income Statement
$
Revenue 32,800
Expenses <u> (14,600) </u>
Profit <u> 18,200 </u>
Statement of changes in stockholders’ equity
Retained Earnings :
Profit for the year 18,200
Cash dividend paid <u>(2,900 )</u>
Retained earnings as at 31/12/18 <u> 15,300 </u>
Balance sheet
Current Asset :
Cash Balance ( 32,800-2900) 29,900
Stockholders' Equity :
Retained earnings 15,300
Answer:
The answer is: If the market for movie tickets is at an equilibrium point were QD=QS, then the price of a ticket without a tax is $7. With the new tax the price for a movie ticket will increase to 8$.
Explanation:
If the market is at an equilibrium point (without the new tax), then QS=QD, so:
4P - 19 = 30 - 3P
4P + 3P = 30 + 19
7P = 49
P = 7
The price of a movie ticket without the new tax is $7, with the new tax (+ 1$) the price will increase to 8$.
Yes, in fact every single day.