SOLUTION: hi Can help me thanks Hala incurred $550 as a labor expense and promised to pay within 30 days. Which of the following accounts will increase as a result of this transactio

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons -> SOLUTION: hi Can help me thanks Hala incurred $550 as a labor expense and promised to pay within 30 days. Which of the following accounts will increase as a result of this transactio      Log On


   

Question 1160861: hi
Can help me
thanks
Hala incurred $550 as a labor expense and promised to pay within 30 days. Which of the following accounts will increase as a result of this transaction?
A) Accounts Receivable
B) Cash
C) Accounts Payable
D) Retained Earnings
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
For Hala it would be Accounts Payable (C)