Alex bought $50,000 worth of computers for his firm; he will pay the vendor for these computers on the fifteenth of next month. These items would be carried on the ________ and listed as ________.

		balance sheet; accounts payable
		balance sheet; notes payable
		income statement; accounts payable
	2. An increase in accounts receivable from last year's balance sheet to this year's balance sheet indicates that the business experienced a cash outflow. True False	income statement; notes payable
		None of these