Which of the following accounts will eventually be followed with an outflow of cash?
A) Design Revenue
B) Notes Receivable
C) Accounts Payable
D) Prepaid Rent

Name: Which of the following accounts will eventually be followed with an outflow of cash? A) Design Revenue B) Notes Receivable C) Accounts Payable D) Prepaid Rent
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Question

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Accounts Payable represents amounts owed to vendors or suppliers that need to be paid in cash, therefore an outflow of cash will eventually occur.

Which of the Following Accounts Will Eventually Be Followed with an Outflow