Which activity results in an increase to accounts payable? Request prices Place purchase order Receive items...

Which activity results in an increase to accounts payable?

Request prices
Place purchase order
Receive items
Send payment
Return rejected items

Solutions

Expert Solution

The correct answer is : Receive items

Note:

1. Request prices doesnot increase or decrease the accounts payable

2. Place purchase order doesnot increase or decrease the accounts payable because the purchase order is not executed until and unless the goods are received.

3. Receive items : Increases the accounts payable because the purchase order is executed then.

4. Send payment : This would decrease the accounts payable.

5. Return rejected items : This would decrease the accounts payable.

ekkarill92 answered 1 year ago

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