Register
An account receivable is normally classified as a:_____. a. noncurrent liability. b. current asset. c. noncurrent asset. d. current liability.
11,035 views
17 votes
17 votes
An account receivable is normally classified as a:_____.

a. noncurrent liability.
b. current asset.
c. noncurrent asset.
d. current liability.

User Limpuls
by
2.4k points

1 Answer

9 votes
9 votes

Answer:

b. current asset

Step-by-step explanation:

User Tolga Cakir
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
In January of the current year, Dora made a gift of stock to her granddaughter. At the time of the gift, the stock was worth $15,000. Several months later in the same year after the gift, a $500 dividend
Link Copied!