Home
/
Business
/
Multiple Choice 1 Point Which Account Shows How Much Is OWED to the Company? Account : Receivable Account Payable Revenue Income

Question

Multiple Choice 1 point Which account shows how much is OWED to the company? Account : Receivable Account Payable Revenue Income Statement

Solution

Expert Verified
4.1 (316 Votes)
Leona Master ยท Tutor for 5 years

Answer

**Account Receivable**Account Receivable represents the money owed *to* the company by its customers for goods or services provided on credit.