Problemconsumer power bills the diaz company for gas used, Ask an Expert

Finance

Problem:

Consumer Power bills the Diaz Company for gas used during the month of December. Until Consumer Power is paid, the amount owed by Diaz is considered (by Diaz) to be a(n) _________.

liability
assest
prepaid expense
account receivable
nonrecurring expense

Note: Explain all steps comprehensively.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148332

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