Payments due for products or services purchased on credit by customers are:
accounts payable
accounts receivable
cash flow
income

Answers

Answer 1

Answer:

accounts payable

Explanation:

Accounts payable represents the company's obligations to supplies and other third parties that the business owes. It is money that the business should payout to its suppliers. When a business purchases goods and services on credit, it incurs liabilities. Accounts payable are debts and are classified as current liabilities.


Related Questions

You are a 25% partner of ABC, LP. Here are some additional facts – • ABC's 2020 partnership tax return, when filed, will show that it earned total taxable income for the year 2020 of exactly $1,740,000. • ABC distributed cash to its partners during 2020 in the aggregate total amount (i.E., to all partners as a group) of $1,400,000. What total taxable income amount will you be reporting on your 2020 Form 1040 (when filed) as a result of your status as an ABC partner?

Answers

________________________________

= 25% × $1,400,000 ÷ 100= $350,000

________________________________

Answer:

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Explanation:

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John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision

Answers

Answer:

I believe the answer is D.

Explanation:

When you take initiative, it means you have to make a decision on your own.

The above thing regarding the decision-making was that Unfortunately when the boss was in a meeting, the decision was made me. Hence, fill in the gap - You decide to take the initiative and make a decision. This feature is known as the Decision making.

What is the meaning of Decision making?

Decision-making is an important moral part of the life of any individual. Decision-making has over the years helped the living condition of human beings to get smoother and smoother.

In the case of Decision making the most important thing was to understand the fact whether the individual was talking for the oneself and the other important fact or reason is that people have been more interested in their lives and also, the motive which the yes or no depends.

Decision-making is an human perspective of the thought process regarding thee right or wrong. Hence, option D is correct.

Learn more about decision making here:

https://brainly.com/question/13244895

#SPJ6

Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.

Answers

Answer:

A.

Explanation:

How does the words business,product,service,revenue ,expense and profit have an relationship

Answers

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

what is 4/8 = ??????????????????????

Answers

Answer:

4/8 is equivalent to 1/2

Explanation:

Hope it helps a lot :]

Answer:

4 divided by eight? if this is the question then the answer is 1/2

Explanation:

let me know if that was what you were asking

What is an important part of the Interest-Based Relational (IBR) Approach?
A. keeping the person and the issues connected B. remain calm, courteous, and respectful
C. working independently on ideas for resolution
D. using opinions to define the problem​

Answers

Answer:

c becu it's more consistent and focusable I think

Answer:

A. using opinions to define the problem.

Explanation:

Use the interest- based relational approach to resolve difficult conflict situations, by being courteous and non-confrotational, focusing on issues rather than individuals, and listening carefully to each person's point of view.

In a live lesson rn. Am studying this rlly messed up stuff, could someone help me wiv this quickly? If it’s correct, I will give brainliest, I swear.

Answers

add all the money he has, not the 1000 you subtract that. then you'll knoe

Explanation:

Slogan for voice notes it’s a notebook that’s writes for u when u speak

Answers

how much does it cost?

Depreciation is included on a balance sheet to show that
some accounts are uncollectible:
some assets have been sold
some fixed assets have lost value over time
some expenses have not been paid

Answers

Answer:

some fixed assets have lost value over time

Explanation:

Depreciation is the decline in the value of an asset due to usage, corrosion, or wear and time. Some fixed assets, especially plants and machinery, equipment, and motor vehicles, will always depreciate in value as they age. Depreciation spreads the cost of an asset over many years. The depreciation amount is calculated and subtracted from the cost of the assets or book vales at the end of the financial year.

What does a person need if he or she is not able to pay for a planned purchase in full with a check or cash? A. a credit card B. a good credit score C. a long-term loan from a bank D. an interest-free loan from a credit union

Answers

Answer:

C. a long-term loan from a bank

Explanation:

A loan or credit facility is suitable when a person is unable to pay in cash or by check. Lenders such as banks and credit unions offer credit facilities to their customers. These institutions charge  interest on loans advanced.

When planning for a capital intensive purchase, a long term bank loan is suitable. Banks can extend credit facilities for huge amounts of money. The monthly repayments and interest rates for a long-term loan are usually low, making it affordable to many borrowers.

Which of the following might a bank do to ensure customers' money stays in the bank? (Select the best answer.)

Answers

Answer:

Require minimum balances

Explanation:

PLEASE HELP ME WITH THIS, THIS IS AN ACTUAL QUESTION FOR ONCE (well multiple)
I don't understand any of it and my mom bout to woop my as :'(

Answers

Answer:

I'm not sure how to do this, but I'm assuming if you for the first question go up to ahbeesee and calculate the cost all the way across... you will find your answer.

Explanation:

Basically just use the chart!

HOPE THIS HELPS! :)

1. _____ ensures costs are covered and a profit is made but also affects customer's motivation to buy.

A.Place strategy

B.Price Strategy

C.Product Strategy

2. _____ tells customers about products and benefits, also used to enhance a company's image.

A.Price Strategy

B.Promotion Strategy

C.Product Strategy​

Answers

Answer:

Explanation:

Option B price strategy is the correct answer

Answer:

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Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?

Answers

Answer:

Most likely yes

Explanation:

Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.

As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.


If a business experiences a loss for three years straight, the _______ concept tells us to assume the business will continue operations regardless.

Answers

Explanation:

Do you have any answer choices? Are do you have to find the blank?

Choose the best defense of the following statement: “A great communicator will practice speaking often.” a. Lots of practice will make the speaker less confident. b. Lots of practice will make the speaker’s argument more logical c. Lots of practice will make the speaker sound robotic. d. Lots of practice will make the speaker sound more natural.

Answers

Answer:

d. lots of practice will make the speaker sound more natural :)

Explanation:

Answer:

D: lots of practice will make the speaker sound more natural

Explanation: took the test

These jeans are made in Mexico, assembled in the US and retail for $150, but the profit differs considerably depending on whether they're sold online or at a physical store.

OFFLINE
Cost of goods sold
$45
Cost of goods sold
$45
Store payroll 27.00
Freight to retail store 4.50
Rent 22.50
Marketing 15.00
Other retail costs 12.00

Profit
$24.00
16%

ONLINE
Cost of goods sold 45.00
Free standard
shipping & returns 10.00

Warehouse/fulfilment 5.00

Operating costs
(softwaremaintenance) 30.00

Marketing
15.00

Profit
$45.00
30%

1. Excluding the cost of goods sold, what is the largest expense for a business selling jeans
offline and online?

Answers

Answer:

Offline store: $27.00

Online Store: $30.00

Explanation:

For offline  store, the other biggest expense is  payroll. Payroll refers to wages and salaries paid to employees.

The store payroll is $27.00

For the online store

The other biggest is the operating cost( software maintenance) at $30.00

Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?

Answers

Because if everyone went and had the same job no one else would know how to do the other jobs causing our entire economy to fail and entire city’s failing too.

The household income for the Washington family is $100,000, and they pay an income tax rate of 25%. What is the Washington's
annual disposable income?
-0)
A)
$100,000
B)
$25,000
C)
$50,000
D)
$75,000

Answers

Answer:

D)

$75,000

Explanation:

Disposable income  is the diffrenced between gross pay and deductions.

Net pay =$100,000

the come tax = $100,00 -$25,000

=$75,000

So if Dior made homemade lemonade from scratch, and sells it for $10 & she sells 35 cups of lemonade, & she made $45 but the ingredients cost $15 in total how much money would she have left?

Answers

Answer:

$30

Explanation:

dior should have $30 left

Answer:

45-15 gives you 30$.

Explanation: To simple... 45-5=40.

40-10=30. $30 is your finale total.

Tom Gregory is the practice manager for a local urologist. The practice has a detailed set of financial policies dealing with required payments from patients, but the staff have not been enforcing the policies and patients are not familiar with the requirements or the reasoning behind these policies. How does Mr. Gregory address this issue?

Answers

Answer:

Take actions by sending the due payments to a collection company.

Explanation:

Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.

The creditor pays the collection company an agreed percentage of funds recovered.

In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.

There is a need for specialists that are conversant with the policies to make the collection process efficient

What phrase describes businesses who develop a positive relationship to
society

Answers

Social responsibility

What is an appointment book used for?

Answers

Answer:

You can create an appointment book for customer service representatives to use when scheduling appointments with customers. An appointment book is a calendar view of the daily time slots in which an appointment for on-premise work can be done.

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Chloe has a summer job which pays $1,961 for the entire summer. If 19% is taken out for federal taxes, then how much is deducted?

Answers

Answer:

$372.59

Explanation:

The amount deducted is 19% of $1,961

=19/100 x $1961

=0.19 x $1961

=$372.59

Amount deducted is $372.59

Debit cards
Pros:
Cons:

Answers

Answer:

Pros: their easy to obtain, gets rid of the need to carry cacash to buy things, you can place limits on your spending so you dont  overspend, no fee to use, can be used to withdraw cast at ATM's

Cons: some companies systems accept prepaid debit cards, you risk losing money on debit card, easy to gain to your money if card is stolen and PIN is known.  

Explanation:

its up to you :)

 

Natalie is a skilled theater artist. She is offered a job as a manager in a bank with an annual salary of​ $30,000, and she has a fixed monthly expense of​ $2,000. However, getting theater projects is challenging due to _________.

Answers

Answer:

a lot of competition from other artists that also have similar skills as Natalie.

Explanation:

The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.

Read one article in newspaper, then, explain the specific ideas contained in various
academic texts.​

Answers

Answer:

Following are the solution to the given question:

Explanation:

Its concept maps contained in different academic texts depend mostly on the field of academic reading. The text of arts addresses diverse social words, like culture and words, whereas the research methodology talks about objective results of a test or a specific research methodology. While learning and sifting, the specific insights in the different educational texts could be grasped.

Before heavily soiled condiment pans are washed and sanitized they should be

Answers

Answer:

degreased

Explanation:

Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.

Cheers

Toyota conducts extensive consumer research and discovered that Latinos are reportedly 15% more likely to buy a Japanese auto brand, like Nissan, Honda, or Toyota, than any other group ethnic group. Toyota is interested in the Latino market since they represent 20% to 30% of the brands’ overall consumers. Due to its extensive use of research and customer insight, Toyota has been the top-selling brand for Latinos for over 10 years thanks to effective marketing, like the "Somos Muchos Toyota" campaign and the implementation of Total Toyota in 2014. Toyota created the Total Toyota strategy, or T2, to increase its focus on minority communities and enhance sales by heading up the project with a team of minority leaders in local business communities. Based on this information, which orientation best applies to Toyota?

Answers

Answer:

market orientation

Explanation:

In marketing, market orientation means that a company focuses its marketing efforts towards recognizing and satisfying its customers' needs. It basically is what marketing should do; search what its customers want and need and then satisfy their needs.  

In this case, Toyota researched the Latin market and developed specific strategies that focused on their needs.

The assets (what a business owns), liabilities (what a business owes), and capital (how much a
business is worth) are shown on a(n):
income statement
profit and loss statement
balance sheet
cash flow statement

Answers

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

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