The largest part of business accounts payable are normally
A) obligations of a firm that were accumulated and are owed to governmental agencies.
B) obligations of our firm that were obtained by purchasing inventory on credit.
C) the monthly obligations that were contracted for, like mortgage payments, insurance, and
utilities.
D) the monthly payroll owed to employees.
B
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________ decision making characteristics: Occasionally purchased products, Need to gather some information especially about unfamiliar brands in product category, Moderate amount of time for information gathering and deliberation
Fill in the blank(s) with the appropriate word(s).
On November 1, 2017, Pink Rose, Inc declared a dividend of $3
00 per share. Pink Rose, Inc has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2017. Provide the journal entry needed on November 30. What will be an ideal response