History, 20.02.2020 01:38 nicky123415

Select the correct answer.
Profit Inc., a manufacturing firm has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the
vendor's full payment after two months. Under which section of a balance sheet will this amount be recorded as "accounts payable?
A
B.
current assets
current liabilities
OC
long-term liabilities
OD. owners' equity

Answers: 3

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Profit Inc., a manufacturing firm has purchased raw materials worth...