Alpha Sold $2,000 of Services to Beta on Credit

question 89

Multiple Choice

Alpha sold $2,000 of services to Beta on credit.Beta promised to pay for it next month.Beta will report a $2,000:

• A)Payable.
• B)Accounts Receivable.
• C)decrease in Cash,since it plans to pay next month.
• D)net income.

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Definitions:

Liver Cells

Liver cells, also known as hepatocytes, are the main functional cells of the liver, involved in protein synthesis, detoxification, and metabolism.

Smooth Endoplasmic Reticulum

A cellular organelle involved in lipid synthesis, detoxification, and calcium ion storage, lacking attached ribosomes.

Secretory Vesicle

Membrane-bound sacs within cells that store and transport substances which are to be secreted or released.

Microtubule

Hollow tube composed of tubulin, measuring approximately 25 nm in diameter and usually several micro meters long. Helps provide support to the cytoplasm of the cell and is a component of certain cell organelles, such as centrioles, spindle fibers, cilia, and flagella.