If you buy something with the intent to pay later rather than in cash,the seller will set up an account _____.
A)depreciable
B)receivable
C)expense
D)liability

Name: If you buy something with the intent to pay later rather than in cash,the seller will set up an account _____. A)depreciable B)receivable C)expense D)liability
Brand: Quizplus
Rating: 4.7 (30 reviews)

Question

Quizplus · Accepted Answer

When you buy something with the intent to pay later, the seller will set up an account receivable, which is money owed to the seller by the customer.

If You Buy Something with the Intent to Pay Later