Correct Answer: Accounts Payable
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Financial Accounting Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Financial Accounting MCQ Questions
You have received cash but have not provided a service, which account should be used to record this?
What is the definition of posting in the accounting cycle?
Large corporations must follow the ___________ basis of accounting.
Cash balance is found in which section of the financial statements?
Corporations whose stock is publicly traded must have their financial statements ________ by independent certified public accountants.
Can equities be classified as held-to-maturity?
What is the best definition of an Asset basis?
(US GAAP ) You receive a dividend, what happens on the cash flow statement and in which section?
Which is NOT one of the criteria of determining if a lease should be considered a capital lease?
One item reported as an element of other comprehensive income is: