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Utld under l uld hold shou hold a check for the employ employ a leave of absence

ID: 2557904 • Letter: U

Question

Utld under l uld hold shou hold a check for the employ employ a leave of absence. oll process should be segregated to ensure t uld be under the control of the h at way to ensure the proper recording of time akading the payroll king ies reg y? ties uprocedures are followed roll P The labor force department. ensure ble clocks are a great rates are provided to payroll by the marketing d Problem 3 between accounts payable and notes payable ar lain the differ ollowing items are accounts payable or notes payable: An amount owed to a supplier for a purchase . , à A written promise to pay $1,000 within ninety days. c A debt witnessed contractual agreement.

Explanation / Answer

Difference between accounts payable and notes payable:

Accounts Payable can be described the amount of money which is owed by a business to it's supplier. On the other hand, Notes payable can be described as either short-term or long-term financial obligations that needs a written promise to pay within a specific time period.

1) An amount owned to a supplier for a purchase ..Accounts payable

Explanation: Accounts Payable can be described the amount of money which is owed by a business to it's supplier

2) A written promise to pay $1,000 within ninety days...Notes payable

Explanation: Notes payable refers to a written promissory note

3) A debt witnessed contractual agreement...Notes payable

Explanation: Notes payable refers to a written promissory note