A supplier sells goods to your company for re-sale and sends an invoice for payment. How is this recorded on your financial statements? O On the balance sheet as accounts receivable On the balance sheet as accrued expenses On the income statement as cost of goods sold On the balance sheet as accounts payable

A supplier setls goods to vour company for re-sale and sends an imvolce for payment. How is this recorded on your financial statements? On the balance sheet as accounts receivable On the balance sheet as accrued ernenses On the income statement as cost of goods sold On the balance stheet as accounts payable