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
strojnjashka [21]
3 years ago
7

* Distinguish between Accounts Receivable and Account Payable.

Business
2 answers:
Romashka-Z-Leto [24]3 years ago
7 0

Answer:

Accounts receivable are the amounts owed to a company by its customers. it is an asset to the company

accounts payable are the amounts that a company owes to its suppliers.it is a  liability to the company

Explanation:

geniusboy [140]3 years ago
6 0

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

You might be interested in
A customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securi
strojnjashka [21]

Answer: $1000

Explanation:

From the question, we are informed that a customer's restricted margin account shows the following: LMV $30,000 DB $16,000 SMA $0 If the customer sells $2,000 of securities.

Based on the above analysis, the customer can only withdraw $1000. This is because since $2000 worth of securities are sold, half of it which is $1000 will be credited to SMA which is the withdrawable amount.

7 0
4 years ago
On a production possibilities curve, where would a society dealing with unemployment be producing?
dezoksy [38]
Unemployment willl cause the production possibilities to shift inwards, so I the answer would be option A.
During massive unemployment period, production possibilities will heavily decrease due to the lower amount of capital and the lower amount of consumers for that potential product (which happen because the consumers lose a lot of its purchasing power). This situation will cause the curve to move inwards.
3 0
3 years ago
Read 2 more answers
1. Voice River, Inc. , provides media-on-demand services via the Internet. Management has been studying current interest rates.
Andrew [12]

Based on the rate the government is paying for its securities and the rate the lender is willing to make, the inflation premium must be <u>5%. </u>

<h3>What is the inflation premium?</h3>

This is the part of the risk free rate that accounts for inflation in an economy.

It can be found as:

= Risk free rate - Real rate

Solving gives:

= 8% - 5%
= 3%

Find out more on calculating rates at brainly.com/question/26113005.

3 0
2 years ago
Due to the acquisition of the lands from the louisiana purchase, which industry, which industry began to succeed
Marina86 [1]
Farming industry in this region began to succeed.


5 0
3 years ago
A company purchased $2,300 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $450 worth of merchandise. On
Aleksandr [31]

Answer:

Dr Accounts payable 1850

Cr Merchandise inventory $37

Cr Cash $1813

Explanation:

Preparation of the journal entry to record the payment on July 12 Using the gross method,

JOURNAL ENTRY

Jul-12

Dr Accounts payable ($2300-450) 1850

Cr Merchandise inventory ($1850*2%) $37

Cr Cash $1813

($1850-$37)

(Being entry recorded for payment to supplier)

7 0
3 years ago
Other questions:
  • Increased investment alone will guarantee economic growth. A. This is a false statement, because an economy must rely on capital
    9·1 answer
  • Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121
    7·1 answer
  • How much is one euro is US Dollars
    8·2 answers
  • What age group in us has the largest percentage of its members living in poverty
    10·2 answers
  • At point A on a demand curve, price is $10 and quantity demanded is 100. At point B, price is $12 and quantity demanded is 80. W
    14·1 answer
  • Ruby Harper is the grants and services director for the Greater Columbus Arts Council. Recently, she posted to her blog that she
    5·1 answer
  • _____ questioning helps leaders tap into the expertise and ideas of followers. follower-centered leader-centered customer-center
    10·1 answer
  • Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure th
    15·1 answer
  • At the beginning of the year, Oak Corp. (an S corporation) had $50,000 in its AAA, $30,000 of earnings and profits from prior C
    11·1 answer
  • is Company uses an ABC system. Which of the following statements​ is/are correct with respect to​ ABC? I. All cost allocation ba
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!