Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

20 point's.
Which of the following business activities describes the phrase on account?

There is a purchase that will be paid for at a later date.

A business is purchasing supplies with cash.

An owner is investing money into his or her business.

Insurance was purchased for the business.​