Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 18, 2024

What type of account is El Payable? Expense Asset Revenue Liability

What type of account is El Payable?

Expense

Asset

Revenue

Liability

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

More Books

Students also viewed these Accounting questions

Question

★★★★★

Motors Inc. manufactured 325 cars with navigation systems, 216 with push-button start, and 89 with both of these options. How many cars were manufactured with at least one of the two options?

Answered: 1 week ago

Question

★★★★★

Zhou Inc. operates a retail operation that purchases and sells snowmobiles, among other outdoor products. The company purchases all inventory on credit and uses a periodic inventory system. The...

Answered: 1 week ago

Question

★★★★★

=+what else can Volkswagen do to reduce its exposure to future declines in the value of the U.S. dollar against the euro?

Answered: 1 week ago

Question

★★★★★

Nature Cosmetics Company applies overhead costs on the basis of machine hours. The overhead rate is computed by analyzing data from the previous year to determine the percentage change in costs....

Answered: 1 week ago

Question

★★★★★

What type of account is El Payable? Expense Asset Revenue Liability

Answered: 1 week ago

Question

★★★★★

Which of the following terms best represents the money paid to the lender for the use of their money? Fees. Principal. Interest. Finance charge.

Answered: 1 week ago

Question

★★★★★

Emerging technologies have a global impact. They transcend borders and have the potential to address pressing global challenges such as climate change, healthcare disparities, and food security....

Answered: 1 week ago

Question

★★★★★

Alexa owns a condominium near Cocoa Beach in Florida. In 2023, she incurs the following expenses in connection with her condo: During the year, Alexa rented out the condo for 127 days. Alexa's AGI...

Answered: 1 week ago

Question

★★★★★

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $375,000 per quarter. For financial reporting...

Answered: 1 week ago

Question

★★★★★

help asp

Answered: 1 week ago

Question

★★★★★

Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax's sales are for credit (no cash is...

Answered: 1 week ago

Previous Question Next Question