Chapter 9, Problem 5P

Which person owes an amount to a business organisation for buying goods and services on a credit basis? Creditors Debtors Owner None of the above explanation

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explain.The Expenses, Profit & Loss of an organisation are recorded in which account? Current Account Personal Account Nominal Account None of the above

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LindaServices had an accounts receivable balance of $88,200 on October 1. During October, the company collected $412,000 from customers on account. If theaccounts receivable balance on October 31 was $91,700, what amount was billed to customers on account during October? Need answer to this accounting question