Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2 1 pts anything that is expected to be converted

2 1 pts Anything that is expected to be converted into cash or consumed by...

90.2K

Verified Solution

Question

Accounting

2 1 pts Anything that is expected to be converted into cash or consumed by the business within one year from the date of the balance sheet is classified as a(n) : Owner's Equity Current Liability Current Asset Long-Term Asset

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for...

Advance Math
1.2K views

A bottle of milkmilk initially has a temperature of 7575degrees°F. It is left to cool in a refrigerator that...

Chemistry
1.2K views

1)Consider the formation of hydrogen fluoride: H2(g) + F2(g) ? 2HF(g) If a 2.8 L nickel reaction container...

General Management
1.2K views

Select an organization – it could be your present company or a previous company for which...

General Management
1.2K views

product Idea and Search Engines/Electronic Marketing 1.  Develop a product service idea. A. Describe the product/service including the...

Biology
1.2K views

Which of the following is considered a negative staining method?endospore staincapsule stainflagella stain

Biology
1.2K views

II What values did Sun Yatsen s Three People s Principles encompass 12 Why in...

Geometry
1.2K views

Part of an ancient coin was discovered It was measured and only an 80 section...

Basic Math
1.2K views

The equation of line R is 6x + 5y = 3, and the equation of...

Algebra
1.2K views

A drug is administered intravenously to a patient at the rate of 12 mg h...

Accounting
1.2K views

find error in journal entries.prepare trail balanceincome srament and balance sheet ...

Accounting
1.2K views

The budget director of Heathers Florist has prepared the following sales budget. The company had...