The balance sheet item that reflects money owed to a business by credit customers is "accounts receivable".

Here's why:

1. Owners' Equity: This is the amount of the business that belongs to the owners minus any liabilities of the owners. It does not reflect money owed to the business.

2. Accounts Receivable: This is the amount of money owed to the business by its customers for goods or services delivered or used but not yet paid for. So, this is the correct answer.

3. Working Capital: This is a measure of both a company's operational efficiency and its short-term financial health. It does not reflect money owed to the business.

4. Accounts Payable: This is the amount of money a company owes its suppliers, but it does not reflect money owed to the business.

Question

The balance sheet item that reflects money owed to a business by credit customers is "accounts receivable".

Here's why:

1. Owners' Equity: This is the amount of the business that belongs to the owners minus any liabilities of the owners. It does not reflect money owed to the business.

2. Accounts Receivable: This is the amount of money owed to the business by its customers for goods or services delivered or used but not yet paid for. So, this is the correct answer.

3. Working Capital: This is a measure of both a company's operational efficiency and its short-term financial health. It does not reflect money owed to the business.

4. Accounts Payable: This is the amount of money a company owes its suppliers, but it does not reflect money owed to the business.

Knowee AI · Accepted Answer

The balance sheet item that reflects money owed to a business by credit customers is "accounts receivable".

Here's why:

1. Owners' Equity: This is the amount of the business that belongs to the owners minus any liabilities of the owners. It does not reflect money owed to the business.

2. Accounts Receivable: This is the amount of money owed to the business by its customers for goods or services delivered or used but not yet paid for. So, this is the correct answer.

3. Working Capital: This is a measure of both a company's operational efficiency and its short-term financial health. It does not reflect money owed to the business.

4. Accounts Payable: This is the amount of money a company owes its suppliers, but it does not reflect money owed to the business.

Multiple Choice QuestionThe balance sheet item that reflects money owed to a business by credit customers is ______.Multiple choice question.owners' equityaccounts receivableworking capitalaccounts payable

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