Which of the following accounts will not rise spontaneously with an increase in sales?
A)Accounts payable
B)Accrued wages
C)Accrued taxes
D)Accounts receivable
E)Notes payable

Name: Which of the following accounts will not rise spontaneously with an increase in sales? A)Accounts payable B)Accrued wages C)Accrued taxes D)Accounts receivable E)Notes payable
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Question

Quizplus · Accepted Answer

Notes payable do not automatically increase with sales; they are typically related to specific financing arrangements.

Which of the Following Accounts Will Not Rise Spontaneously with an Increase