A company that sells products to customer without demanding immediate payment but record it in balance sheet as Options: A . &nbspaccount payable B . &nbspaccount receivable C . &nbspaccount equivalent D . &nbspaccount investment

A company that sells products to customer without demanding immediate payment bu

Question

A company that sells products to customer without demanding immediate payment but record it in balance sheet as

Options:

A . account payable

B . account receivable

C . account equivalent

D . account investment

Answer: Option B
Answer: (b).account receivable

Was this answer helpful ?

Next Question

Question 1. The nominal rate which is quoted to consumers on the loans is considered as....

Question 2. An annual estimated costs of assets uses up every year are included....

Question 3. The proceeds of the company shares of sold stock is recorded in....

Question 4. The statement of cash flows are included....

Question 5. A company purchases goods but does not pay payments to the suppliers immediately and record them as....

Question 6. In calculation of net cash flow, the depreciation and amortization are treated as....

Question 7. A stock which is hybrid and works as a cross between debt and common stock is considered as....

Question 8. The procedure of finding the present values in time value of money is classified as....

Question 9. In uneven cash flow, the 'IRR' is an abbreviation of an....

Question 10. The paid dividends to common stockholders $67,600,000 and common shares outstanding = 55,000,000 then the dividend per s....outstanding = 55,000,000 then the dividend per share will be

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0