Tina runs a florist shop. Every month she receives multiple shipments of fresh flowers. Her suppliers send these to her on credit, and she is not expected to pay for them until the following month. The amount owed to her supplier is an example of Tina’s A : liabilities. B : assets. C : equity. D : drawings.

Question

01-10-2019
Business

contestada

Tina runs a florist shop. Every month she receives multiple shipments of fresh flowers. Her suppliers send these to her on credit, and she is not expected to pay for them until the following month. The amount owed to her supplier is an example of Tina’s A : liabilities. B : assets. C : equity. D : drawings.

Respuesta :

Otras preguntas

A shared characteristic that all civilizations have is that people _

How did changes in the soviet union affect people in other communist countries? eastern europeans began to rebel against their governments china was inspired to

Place these Cold War events in the order they occurred. Berlin Blockade SALT 1 talks Cuban Missile Crisis Vietnam War Afghanistan War

Why was the Reapportionment Act of 1929 passed?

Widget wonders produces widgets. they have found that the cost, c(x), of making x widgets is a quadratic function in terms of x.....the company also discovered

Jonah had 4 books Stacy had 7 books how many books did they not have

Through the 20th century and continuing today, the nature of federalism has changed over time with new demands that have tended toward a system where the state

what is the difference between heterogeneous mixture vs homogenous mixture

In Triangle ABC, if ,AE ,BF and CD are the medians and AE and BF intersect at the point (2, 3), at what point does CD intersect AE ?

The process through which professional scientists evaluate the quality of each others’ research is called

Nyctalus Nyctalus · Answer 1 · 2019-10-03T07:44:47+02:00

Answer: Liabilities

Explanation: In simple words, liability refers to the future obligation that one entity has to pay to other entity due to some past transactions or events.

In the given case, Tina receives fresh flowers fro m her supplier on credit. Which means she has to pay the amount in future because of supply that was incurred in past.

Hence from the above we can conclude that the correct option is A.