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Question
Assuming that cash is available, payment for an account payable with terms of 3/10, net 30 should be made on day
a. 3.
b. 10.
c. 13.
d. 30.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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a. True
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A market is best defined as a geographical area that is of commercial interest to the entrepreneur.
a. True
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a. True
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a. True
b. False
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What are the qualifications of partners?
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Liability on the part of an owner that extends beyond the owners investment in the business
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b. accrued expenses.
c. owners' long-term debt.
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b. accounts receivable, accounts payable
c. accumulated depreciation, asset value
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In order to derive a cash flow statement, the owner must add back the _____ to the income statement.
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a. marketing plan.
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b. 6 months
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