accounts receivable is\na an expense\nb a liability\nc a revenue\nd an asset\nquestion 2\naccounts payable…

accounts receivable is\na an expense\nb a liability\nc a revenue\nd an asset\nquestion 2\naccounts payable is\na an asset\nb a liability\nc a revenue\nd an expense

accounts receivable is\na an expense\nb a liability\nc a revenue\nd an asset\nquestion 2\naccounts payable is\na an asset\nb a liability\nc a revenue\nd an expense

Answer

Brief Explanations:

Accounts Receivable represents money owed to a company by its customers for goods or services provided on credit, which is an asset. Accounts Payable is money a company owes to its suppliers or creditors, which is a liability.

Answer:

Question 1: D. an asset Question 2: B. a liability