Questions

A worksheet or sheet is a collection of cells in a file created with an electronic spreadsheet program such as Microsoft Excel or Google Sheets where we can keep and save data.

Here in a worksheet, we can select a single row or column or multiple rows or columns or we can select the entire worksheet. We can create multiple worksheets in a workbook.

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.