You owe Barbi $70 for goods you purchased last month. Is Barbi a trade payable or a
Question:
You owe Barbi $70 for goods you purchased last month. Is Barbi a trade payable or a trade creditor?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
In this scenario Barbi is considered a trade creditor A trade creditor is a ter...View the full answer
Answered By
User l_998468
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
Question Posted:
Students also viewed these Business questions
-
Urooj owes you $100 for goods she purchased last month. Is she a trade debtor or a trade receivable?
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
You have completed your first meeting with Harper and Riley Evans. You are confident that you now have most of the information you will need to prepare a comprehensive financial plan for them. Beyond...
-
Middleton Spas provides the following data for the year just ended on December 31. Requirement Prepare the operating activities section of Middleton Spas' statement of cash flows for the year just...
-
Muggsy Bogues Company purchased equipment for $212,000 on October 1, 2014. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production...
-
In the case study, That Way Lies Madness, what kind of fraud did Eddie Antar commit? How was the fraud committed? How could the fraud be discovered?
-
Two large, flat current-carrying sheets are placed parallel to each other, one sheet above the other. The upper sheet carries a current density of \(2.0 \mathrm{~A} / \mathrm{m}\) to the left, and...
-
You are the sole contributor to a philanthropic foundation. You must specify whether investment gains should be expendable or nonexpendable. Present the key arguments in favor and against permitting...
-
The price of a car you want is $39,000 today. Its price is expected to increase by $1000 each year. You now have $23,500 in an investment account, which is earning 11% per year. How many years will...
-
Is trade discount entered on the debit or the credit side of a purchases ledger control account?
-
Trade creditors are the same as trade receivables. True/False?
-
The company reported net income of $430,000 for the year and 120,000 shares of common stock were outstanding during the year. The income tax rate is 30%. The company has the following potentially...
-
should be able to evaluate the key macroeconomic indicators data of a country and determine the best fiscal and monetary policies for managing growth, inflation and unemployment, while formulating...
-
What is the Tax return? Tom and Megan Brown are married with three children, all of whom live at home. The children are ages 18, 15, and 8. a. Tom is a loan officer at First Lubbock Bank and his...
-
A broadcasting antenna emits a power of 40 W. The gain of the antenna is 300L. The receiving antenna is at a distance of 50 km from the transmitting antenna, and its effective surface area is 10-2 m....
-
a) Investigate what a monopoly is and a current example of a representative company in this market. Justify your choice. Look for an article, consult reliable sources on the internet, no more than...
-
1. Consider the following function. def q1(L): n = len(L) count = 0 for i in L: if i max (L) or i < 0: == count return count count + 1 a. What is the Big-O running time bound for ql in terms of n,...
-
In a carefully controlled experiment, bacteria are allowed to grow for a week. The number of bacteria are recorded at the end of each day with these results: 20, 40, 80, 160, 320, 640, 1280....
-
Wilsons Auto Repair ended 2011 with Accounts Receivable of $85,000 and a credit balance in Allowance for Uncollectible Accounts balance of $11,000. During 2012, Wilsons Auto Repair had the following...
-
Explain the difference between the duties of directors and the duties of external auditors.
-
Explain the difference between external and internal auditors.
-
Auditors have to be shareholders of the company. Is this statement true or false?
-
The society of prison has a unique culture. Few, if any, other environments are so isolated from normal living and society that they result in such a distinct culture. This results from the forced...
-
A magazine salesperson called at Annie's home and offered to sell her a 'package' of 6 magazines at a special 1-year subscription price of $720. Annie thought it was a good deal and gave the...
-
Unlike disability law, where the duty of reasonable accommodation is designed to allow individuals to participate in the workforce when they otherwise would not be able to, the areas we are exploring...
Study smarter with the SolutionInn App