Question
When a company collects payments on behalf of another person or governmental entity, we consider these amounts as ________ until they are paid out to
When a company collects payments on behalf of another person or governmental entity, we consider these amounts as ________ until they are paid out to the proper organization which requested or required these values to be collected for them.
B. Expenses
D. Revenue
C. Liabilities
A. Assets
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
1259259803, 978-1259259807
