Question: The liability created by a business when it purchases something on credit that will be paid generally within the next 3 0 - 6 0
The liability created by a business when it purchases something on credit that will be paid
generally within the next days is referred to as an:
Dividend
Interest expense
Unearned revenue
Account payable
Account receivable
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
