1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natita [175]
2 years ago
13

Which of the following journal entries represents an increase in accounts payable correctly

Business
1 answer:
PtichkaEL [24]2 years ago
8 0

Answer:

C) Inventory xxx Accounts Payable xxx

Explanation:

Accounts payable is a liability, and a liability always has a credit balance, as the amount is due to them. The company needs to pay them back.

Accordingly the company buys inventory and the inventory is an asset and thus, the company will debit the inventory account.

Whenever any purchases are made, or any service is utilized on credit then the company creates an accounts payable as a liability as against it.

You might be interested in
Management at WorkNewspapers are under tremendous pressure to stay relevant as people increasingly turn to the Internet for news
kap26 [50]

Answer:

B. Subscribers cancelling their subscriptions

Explanation:

Central Times’s business environment had suffered tremendousy in recent times with transition from newspaper publication to online journalism. As a result of this, Time's publishing company has faced many problems some of which are highlighted below: many of the newspaper subscribers have cancelled their subscription, they were losing revenue, they had to relief a third of their reporting staff primarily. However, amidst all these, <u>the primary cause of disruption to Central Times’s business environment is option B</u> (Subscribers cancelling their subscriptions). It was this problem that led to the other problems (loss of revenue, firing a third of their reporting staffs)

7 0
3 years ago
A firm's _____ includes its rivals, suppliers, customers, new entrants, substitutes, and complementary products. environmental s
Maslowich

The answer is: competitive environment

The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.

8 0
3 years ago
What is a career help please I’m timed
Georgia [21]

Answer:

an occupation undertaken for a significant period of a person's life and with opportunities for progress.

8 0
2 years ago
Read 2 more answers
Josh is journalizing an adjustment for a bank service fee. What type of
Monica [59]

Answer:

Expense

Explanation:

8 0
2 years ago
For shipments transported by water, in addition to the name of the shipper, which of the following must be added to the shipping
Digiron [165]

Answer:

Please see the explanation below

Explanation:

Bill of lading is the formal document which issues by the vessel/carrier company in regard to the invoice and packing list submitted with cargo..A bill of lading (BL or BoL) is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. Consignee address and details A bill of lading also serves as a shipment receipt when the carrier delivers the goods at a predetermined destination. In case of DGR  that is dangerous goods, specified permits and form should be attached with it

5 0
3 years ago
Other questions:
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
    7·1 answer
  • What is the biggest difference in who makes the contributions to 401(k) and IRA retirement plans?
    6·1 answer
  • Happyland Happyland, a country of about 48 million people with beautiful beaches, vast natural resources, and a highly skilled l
    10·1 answer
  • Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for h
    12·1 answer
  • Port Allen Chemical Company processes raw material D into joint products E and F. Raw material D costs $4 per liter. It costs $1
    12·1 answer
  • Prior to the merger, Firm A has $1,250 in total earnings with 750 shares outstanding at a market price per share of $42. Firm B
    6·1 answer
  • The Wall Street Journal reported that automobile crashes cost the United States $162 billion annually (The Wall Street Journal,
    5·1 answer
  • To keep the price of gas from rising quickly after Katrina, the government instituted price ceilings on the price of gasoline in
    6·1 answer
  • Given a fixed supply of money and a downward sloping aggregate demand curve, an increase in money demand will ________ the price
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!