Amain/base class named accountcreditinformation.

Answers

  • Réponse publiée par: hellcrack777
    No

    Explanation:

    Accounts Receivable (AR) is NOT categorized as a liability because it is a resource/s that is owned businesses, not owes. Accounts Receivable is the account name for collectible moneys from customers' debt to the business that is usually within the operating cycle of the business.

    To further understand why AR is an asset, just continue reading.

    Assets

    In accounting, assets are the resources that a company owns and has monetary value.

    Two types of asset:Current asset - assets that are usable or convertible to cash within a year or operating cycle of a business.Non-current asset - assets that can't be used or converted to cash within a year or operating cycle of a business.Examples of current asset:Cash and cash -on- of non-current asset:LandEquipment/MachinesIntangible assetsLiabilities

    In accounting, liabilities are the resources that a company owes to another business or people.

    Two types of liabilities:Current liabilities - accountabilities that must be paid or dealt within a year or operating cycle of a business.Non-current liabilities - accountabilities that must be paid but not within a year or operating cycle of a business.Examples of current liabilities:Accounts PayableNotes PayableUnearned RevenuesExamples of non-current liabilities:Mortgage PayableBonds Payable

    #answerForTrees

  • Réponse publiée par: janalynmae

    Simballion

    #answerForTrees

  • Réponse publiée par: reyquicoy4321

    para sakin lumalago ang kanilang produkto o pabrika sa gayon ay dumadagdag sila ng iba pang produkto

  • Réponse publiée par: kelly072

    False

    Explanation:

    Dr. Amable R. Aguiluz V, When and who establish the AMA institute of computer studies and thus blazed the trail for popular computer education in the country.

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Amain/base class named accountcreditinformation....