A customer's monthly bill from the electric company would be an ( ) of the electric company until the customer paid the bill.
A: account payable
B: account receivable
C: inventory
D: prepaid expense
A: account payable
B: account receivable
C: inventory
D: prepaid expense
举一反三
- Holt Company sold $1,000 of goods on credit to Renfrew Company. This would be recorded as an Account ( ) of Holt company and as an Account ( ) of Renfrew Company. A: Receivable, Receivable B: Payable, Payable C: Receivable, Payable D: Payable, Receivable
- when a company buy some goods and promise to pay the mony, then the company get a ( ). A: account receivable B: account payable C: stockholders' equity D: loan
- When a company pays a bill, the account Cash will be__. A: No change B: Debited C: Credited
- What will Bill’s company do if a customer has an allergy after using its product? A: Make an apology to the customer. B: Recall the product from the customer. C: Return the money to the customer. D: /
- Using the direct write-off method, the bad debt expense that is recorded as a specific customer's account is determined to be noncollectible.