Alex bought $50,000 worth of computers for his firm and he will pay the vendor for these computers on the fifteenth of next month. These items would be carried on the ____________ and listed as _________________.
balance sheet, accounts payable
balance sheet, notes payable
income statement, accounts payable
income statement, notes payable
none of the above.
Alex bought $50,000 worth of computers for his firm and he will pay ...
Response helps in Financial statement classification of computer purchases