aguirre64 aguirre64
  • 18-09-2020
  • Computers and Technology
contestada

Accounts Receivable/Highland School and Accounts Receivable/Sam Jones are both classified as?

Respuesta :

Parrain
Parrain Parrain
  • 23-09-2020

Answer: Current Assets or just Assets

Explanation:

Accounts Receivables refer to those that purchased goods or services from the business but have not paid for them i.e. they purchased the goods on credit. They therefore owe the business.

They are classified as assets to the business because they represent money that will come into the business and they are classified as current assets because they will pay the money within the period.

Answer Link

Otras preguntas

The graphs of two linear equations are shown. y = 3x – 3 y= 2x - 8 Which is the solution of this system of equations?
Plz help/will give brainlest!​
find the volume of each figure.show your work. Use 3.14 for pi. Round to the nearest hundredth number 5 is a 3**
The area of a rectangle is 96 square feet centimeters what is the height of the rectangle in centimeters
Why are renewable sources of energy better than nonrenewable sources? A. Because they release carbon dioxide B. Because they can be used again C. Because the
oil has a density of 8.5kg/L. what is the volume of 5.4kg oil
how many legs do a spider have
need answer quick please thanks
The following M & M colors are in the bowl: 4 yellow, 6 orange, 3 green, 5 blue, 2 brown. What is the probability of selecting a brown candy?
Please help!!!!! Will give brainliest!!