Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Charlie Co. owes $800,000 to Tilly, Inc. from whom Charlie buys its inventory. Which account would Charlie use to report the amount owed?