thatonestudent8864 thatonestudent8864
  • 19-09-2017
  • Business
contestada

Connie made a purchase on account of printer paper to last for about three months; this transaction increased supplies and decrease accounts payable.
a. True
b. False

Respuesta :

Kalahira
Kalahira Kalahira
  • 02-10-2017
The answer is False. While supplies does increase, accounts payable will also increase (assuming the printer paper was purchased on credit instead of payed for in cash). Because of this purchase, Connie now owes someone for the printer paper, causing the increase to accounts payable. When she finally pays for it, accounts payable will be decreased.
Answer Link

Otras preguntas

True or false? Mice live for up to 10 years.
What produces the wavy effect in air over a hot stove
One of the founding fathers of the United States of America, the first U.S. Secretary of the Treasury, Alexander Hamilton, died as a result of a gunshot wound o
It's 9 4/5 miles from Justin's house to the art museum the distance to the history museum is 9/10 this far Is the history museum more or less than 9 4/5 miles
A patio in the shape of a semicircle has a diameter of 21 ft. What is the approximate area of the patio, rounded to the nearest square foot? Use 3.14 to approxi
the sum of three numbers is 85. The second is 7 more than the first. The third is 2 more than four times the second. Find the numbers
The bones around your chest that protect organs such as the heart are called what?
what is one third of 450 in faction form
2b/5+2/4=5/2 I need help with this operation step by step please
Solve for the 2 unknowns: 3y + 3x =24 6y+3x = 39