Examlex
Which of the following statements below is correct about modules of computer code created during program design?
Merchandise Inventory
Refers to the goods a company intends to sell to customers that are purchased from suppliers or manufactured.
Accounts Payable
Accounts Payable is a liability account on a company's balance sheet representing money owed to creditors for goods and services purchased on credit.
Sales Price
The amount of money a buyer pays to a seller for the purchase of a good or service.
Accounts Receivable
Money owed to a company by its customers from the sale of products or services on credit.
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