8- The Y Company has bought 20.000 worth of commodities but did not pay the money...
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8- The Y Company has bought 20.000 worth of commodities but did not pay the money yet. How to record this transaction? A) B) C) D) Commodities 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Commodities. 20.000 8- The Y Company has bought 20.000 worth of commodities but did not pay the money yet. How to record this transaction? A) B) C) D) Commodities 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Commodities. 20.000 8- The Y Company has bought 20.000 worth of commodities but did not pay the money yet. How to record this transaction? A) B) C) D) Commodities 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Commodities. 20.000
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In accounting when a company buys something but does not pay for it immediately the purchase sho... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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