Which account related to the amount of cash that is owed by the business to othe
ID: 2542929 • Letter: W
Question
Which account related to the amount of cash that is owed by the business to others for resources previously provided? Select one: a. Accounts Payable b. Accounts Receivable c. Unearned Revenue d. Wages Expense Which account related to the amount of cash that is owed by the business to others for resources previously provided? Select one: a. Accounts Payable b. Accounts Receivable c. Unearned Revenue d. Wages Expense Which account related to the amount of cash that is owed by the business to others for resources previously provided? Select one: a. Accounts Payable b. Accounts Receivable c. Unearned Revenue d. Wages ExpenseExplanation / Answer
Answer would be Option A. Accounts Payable
As per generic defination of AP, it is the amount that company have to pay for the goods or services availed by the company from the provider.
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