Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when our business pays cash or a check for goods a

When our Business pays Cash or a Check for Goods and Services Before Our Business...

80.2K

Verified Solution

Question

Accounting

When our Business pays Cash or a Check for Goods and Services Before Our Business actually Receives any of the Goods or Services, This is Called what Type of Accounting Transaction ?
Group of answer choices
Accrued Expense
Accrued Revenue
Deferred Revenue
Deferred Expense
Depreciation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Harry’s Carryout Stores has eight locations. The firm wishes to expand by two more stores and...

Finance
Q

Solve the initial value problem once using power series method and once using the characteristic method....

Basic Math
Q

2.The solubility of silver chromate (Ag2CrO4) is 2.22 x 10-3 g/100 mL. a) What is the Ksp?...

Chemistry
Q

So this is my assignment. My question is, what makes an object a good insulator? Does...

Physics
Q

A man pulls a loaded trolley of mass 70 kg along a horizontal surface at...

Physics
Q

A jar contains 4 red marbles numbered 1 to 4 and 12 blue marbles numbered...

Basic Math
Q

Which of the correlations is the weakest 0 25 O 0 78 0 88 O...

Statistics
Q

Problem 7.a) Describe the transformation(s) that can be applied to the function g(x) = e*...

Calculus
Q

Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow....

Accounting
Q

discuss the changes that have occurred on the IFRS within the prior 12 months in...

Accounting
Q

Highlight the answer. Total contribution margin is $250, and the menu includes 40 items. Based...

Accounting
Q

Evaluation of a Cogeneration Project Capital cost: Construction cost Commitment fees and financing cost Total...

Finance