____ Text Has a Slanted Appearance

question 20

Multiple Choice

____ text has a slanted appearance.

• A) Colored
• B) Highlighted
• C) Bolded
• D) Italicized

---

Definitions:

Account Payable

An amount owed by an entity to a creditor for goods and services purchased on credit; considered a short-term liability.

Account Receivable

Funds that are owed to a company by clients or customers who have received goods or services on credit.

Total Liabilities

Represents the combined debts and obligations that a company owes to outside parties at a specific point in time.

Asset

Any resource owned or controlled by a business or an individual that is expected to produce future economic value.