Accounts receivable are shown as _____ in the AR customer file.

Accounts Receivable Are Shown As _____ In The AR Customer File.

Answers

Answer 1
The answer is b.

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Answer 2

The Accounts receivable are shown as the debit side of the account receivable customer file. Hence, the option d is correct.

What is account receivable?

It is the concept when the goods are sold on credit basis to the customer and the payment is to be received after some time.

It is to be shown in the asset side of the balance sheet.

Also, it contains the normal debit balance.

Hence, the option d is correct.

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Related Questions

Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million If ECE's stock is currently trading at $24.00 and ECE has 25 million shares outstanding, then ECE's market-to-book ratio is closest to: Group of answer choices

Answers

Answer:

6%

Explanation:

Calculation for ECE's market-to-book ratio

Using this formula

Market-to-book ratio = (MV Equity)/(BV Equity)

Let plug in the formula

Market-to-book ratio = ($24 x 25 million)/100 million

Market-to-book ratio = 6%

Therefore ECE's market-to-book ratio is closest to 6%

Nickel Inc. bought $500,000 of 3-year, 6% bonds as an investment on December 31, 2017 for $530,000. The investment receives interest annually and Nickel uses straight-line amortization. On May 1, 2018, the issuer retired $100,000 of the bonds at 116. As a result of the retirement, Nickel will report a:

Answers

Answer:

the gain would be reported i.e. $10,778

Explanation:

The computation is shown below:

The Value of 100000 bonds is

= $530,000 ÷ $500,000 × 100,000

= $106,000

Now

Premium amortization in 4 month is

= $7,000 ÷ 36 months × 4 months

= $778

Now

Carrying value on may 1, 2018 is

= $106,000 - $778

= $105,222

Now

Retirement value is

= 100,000 × 1.16

= 116,000

So,

Gain on retirement is

= 116,000 - 105,222

= $10,778

Hence, the gain would be reported i.e. $10,778

Identify the microeconomic topic(s) among the following: Average cost of electricity per household. Average cost of electricity per household. The unemployment rate. The unemployment rate. Fiscal policy. Fiscal policy. The price that a farmer asks for her watermelons.

Answers

Answer:

Average cost of electricity per household

The price that a farmer asks for her watermelons.

Explanation:

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

The other options are examples of macroeconomics.

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.

Suppose the local government imposes an annual lump-sum tax per plant.How will the average fixed cost, average variable cost, average total cost, and marginal cost curves faced by a steel manufacturer be affected

Answers

Answer:

The Tax is a lump-sum which means that it does not change by output. It is therefore a fixed cost.

Average Fixed Cost ⇒ INCREASE

The new tax would increase the fixed costs which would lead to an increase in the average fixed costs.

Average Variable Cost ⇒ UNCHANGED

The tax is a fixed cost not a variable cost which means variable costs will not be affected.

Average Total cost ⇒ INCREASE

Fixed costs is a part of total cost and if that increases, the total cost will have to increase as well.

Marginal Cost ⇒ UNCHANGED

As the cost that changed is a fixed cost, the total cost will not change as a result of more production so marginal cost will not change.

The United States' economy is growing at a faster rate than the economy of its trading partner, the United Kingdom. As a result, the rate of American inflation is increasing.Draw correctly labeled graphs to show how the increase in inflation will affect the supply of the U.S. dollar and demand for the British pound in the foreign exchange market.Based on the scenario, what will happen to the value of the U.S. dollar

Answers

Answer:

If the U.S. economy fast paced growth causes inflation to rise, this will make the value of the U.S. dollar go down, because more U.S. dollars will be needed to buy the same amount of goods and services (including foreign currency) since what inflation causes is a loss of purchasing power of the currency.

For this reason, international investors will demand less U.S. dollars in the foreign exchange market, including British investors.

While the supply of U.S. dollars will continue to grow (because inflation is primarily caused by a rise in the money supply) demand will continue to fall, both against the British pound, and other currency. This will further lower the value of the U.S. dollar in the foreign exchange market, while appreciating the British Pound at the same time.

When trade barriers began to fall, what was the motivation for much of the foreign direct investment by non-U.S. firms

Answers

Answer:

The motivations were all the advantages that the U.S. market offers.

These advantages are many, because the U.S. is a developed country, with a very large population, and a robust legal system that protects private property, including the property of non U.S. firms that invest in the country.

For these reasons, once trade barriers began to fall, many non U.S. firms took advantage of the new opportunities, and started to invest in the U.S. market.

Which is NOT a step in a career plan?
A.
Join a CTSO
B.
Finish high school
C.
Complete a vocational certification
D.
Go on vacation to the beach

Answers

Answer:

D. Go on vacation to the beach

Explanation:

A vacation is not a career... it is relaxing

goods that can be bought in any quantity desired are called ?​

Answers

Answer:

I think the answer is demand

Explanation:

Demand can be the quantity of any good at the desired amount.

Choose the correct statement regarding rental insurance

A. Rental insurance covers your personal belongings but not the actual building
B. Rental insurance covers the carpeting if the water heater leaks
C. Rental insurance only covers in the case of a hurricane
D. Rental insurance covers everything in a building including the physical building.​

Answers

Answer:

A. Rental insurance covers your personal belongings but not the building

Explanation:

RENTAL INSURANCE is a type of insurance that help to cover or replace a person or an individual personal belongings in the case of unforseen circumstances such as theft ,fire accident or damage to Property which may arise and on the second hand RENTAL INSURANCE does not cover damage to a person personal property that arise due to damage causes by natural disasters such as hurricanes as well as carpeting repair due to water heater leakage.

Lastly RENTAL INSURANCE does not cover the actual building reason been that it only landlord Insurance policy that covers the actual building which means that the correct statement regarding rental insurance is :Rental insurance covers your personal belongings but not the actual building.

An annuity immediate pays 15 at the end of years 1 and 2, 14 at the end of years 3 and 4 and so on. The payments decrease by 1 every second year until nothing is paid. The effective annual interest rate is 6%. Calculate the present value of this annuity

Answers

Answer:

$138.63

Explanation:

I used an excel spreadsheet and the NPV function to determine the present value of this annuity. The present value of this annuity is $138.63

What is the impact of a strong dollar relative to the peso for a U.S. consumer buying a car produced in Mexico

Answers

Answer: a. The car should be less expensive for the U.S. consumer.

Explanation:

If the dollar is strong relative to the peso, it means that the US dollar can buy more pesos.

If a U.S. consumers should therefore buy a car that was produced in Mexico, the car would be cheaper for them because the car would have originally be priced in pesos and with the U.S. dollar stronger, the American consumer would spend less dollars to match the price in pesos.

What is the primary reason that suggests Phoenix does not have to worry about its water supply for the foreseeable future

Answers

Answer: c. Phoenix has water rights associated with its agricultural activities

Explanation:

Phoenix is located in an area that receives little rainfall and is more prone to drought and as they keep growing to unsustainable numbers, the pressure on the Colorado river has increased massively.

Phoenix does not need to worry about water supply for the foreseeable future however because it has substantial surface water rights that are linked to its agricultural activities that will help them meet their demand.

Based on your understanding of the determinants of interest rates, if everything else remains the same, which of the following will be true? Higher inflation expectations increase the nominal interest rate demanded by investors. The yield on U.S. Treasury securities always remains static.

Answers

Answer:

Higher inflation expectations increase the nominal interest rate demanded by investors

Explanation:

In the case when the rate of interest measures when everything remains the same so if there is high inflation so it would be expected that it also rise the nominal rate of interest that demanded by investors as the inflation would be the value that ascend over a time frame

Hence, the same is to be considered

Therefore the first option is correct

George deposited $2,000 in his bank account, which offers 5 percent compound interest calculated annually. what would be the principal amount available in george’s account at the end of two years?

Answers

Answer:

$2,205

Explanation:

The amount available after two years can be calculated using the formula

A= P x ( 1 + r) ^n

where A = amount

P= principal: $2000

r = interest rate : 5%, or 0.05

n = number of compound periods: 2

A= $2000 x ( 1 + 0.05)^2

A= $2000 x1.1025

A= $2,205

Principal amount after two years = $2,205

Answer:

2,205

Explanation:

I got it right on the test

Why should you get a growing perpetuity?​

Answers

Because you don’t jsjssshshsh

Assume you own shares in Walmart and that the company currently earns $4.80 per share and pays annual dividend payments that total $4.10 a share each year. Calculate the dividend payout for Walmart.

Answers

8.90 i think hope this helps!?

$8.90  dividend payout for Walmart

What is dividend ?

A corporation's payout of profits to its shareholders is known as a dividend.  A corporation is able to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus.

Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital; therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.

If the company has a dividend reinvestment plan, the amount can be paid by the issuance of more shares through share repurchase. Alternatively, distribution to shareholders can be made in cash. The distribution may occasionally consist of assets.

A shareholder's dividend is considered their own income and could be liable to income tax (see dividend tax). This income is taxed in various ways depending on the jurisdiction.

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Julio sold his stock in ABC Company for a higher price per share than he bought it for. He realized a:

Answers

Answer: Capital gain

Explanation:

Capital gain is the return that a person gets when they sell their shares for a higher price than what they bought it for. It is a capital gain because the money they invested (capital) increased and brought back more than they spent.

The reverse is called a Capital loss.

Example of Capital gain:

You buy stock in 2019 for $40 and sell it in 2020 for $100. Your capital gain is:

= 100 - 40

= $60

In regard to employee benefits, on October 20, 2X13, the CFO of Scare Crow PLC in London is committed to terminating Aunt Emma on December 31, 2X13 and will be offering her a benefit package of 100,000 British Pounds Sterling. Aunt Emma is qualified to retired from Scare Crow on December 31, 2X16. The proper treatment of this decision is

Answers

Answer:

1 October 31, 2X13 statement: Debit termination expense for 100,000 British Pounds Sterling, Credit termination payable 100,000 British Pounds Sterling

Explanation:

The proper treatment of this decision is as follow

The benefits package cost of 100,000 British pounds will be recorded as an expense in the termination expense account. A debit entry in this account will be recorded.

On the other hand, the payment is not made to Aunt Emma, so liability will be created to record the offer of the benefits package. A credit entry in the Termination payable ( Aunt Emma ) account to record the liability equal value recorded in the expense account.

The Journal Entry will be as follow

Dr. Termination expense_100,000 British Pounds Sterling,

Cr. Termination payable _100,000 British Pounds Sterling

According to O*NET, what are common skills needed
by Tour Guides? Select three options.
active listening
science
speaking
social perceptiveness
troubleshooting
equipment maintenance
repairing

Answers

Answer:

1 3 4

Explanation:

Answer:

1 3 and 4

Explanation:

...

Which best describes what injector factors bring to an economic system?

factors of production
imports
consumers
money

Answers

Answer: Money

Explanation:

Money is one of the injector factor that is necessary for bringing the economic system. The injection of money helps in boosting economy of any country or region. This also helps in investment, strengthening the government to take necessary measures for development, and export.  Money can be used to purchase raw materials to produce more number of goods and it enables the customers to purchase those goods and services. This exerts a positive impact on the circulation of economy.

Answer:

The answer to the question is D. Money

QUESTION 4 of 10: True or False: Secondary data is usually more expensive than collecting primary data. a) True b) False

Answers

Answer:

False, the secondary data is usally to support the primary.

Explanation:

Secondary data is usually more expensive than collecting primary data. The statement is False. Thus the correct option is B.

What is Primary data?

The term "primary data" refers to information created by the researcher themselves, such as results of the survey, group interviews, and experimental results created specifically to help recognize and address the current study issue.

In order to maintain organizational records, huge government institutions, healthcare facilities, etc. generate existing data known as "secondary data." After then, the data is extracted from a wider range of file systems.

Primary data is usually more expensive than collecting secondary data as it is collected firsthand which requires time and effort for performing the particular process.

Therefore, the statement is false.

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The Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of:

Answers

Answer:

Imports.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

In this scenario, the Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of imports.

An import can be defined as a type of trade which typically involves the purchase of goods and services from a foreign country for domestic use.

The price of hotdog buns increases sharply. Indicate what will happen to the demand for DECADOGS, a nadonally-recognized brand of hotdog.

Answers

Answer:

The demand for DECADOGS in this scenario will decrease sharply

Explanation:

The demand for DECADOGS in this scenario will decrease sharply. This is because as the price of hotdog buns increases less and fewer individuals will purchase hotdog buns because they simply cannot afford to pay those prices or believe they are not worth the price. Since hotdog buns and hotdog demand are correlated with one another (since they are foods that depend on one another), people will not need to buy DECADOGS hotdogs since they are not buying the hotdog buns.

Problem 3. A company wants to forecast demand for June using a two period weighted moving average with weights of .6 (for May) and .4 (for April). Calculate the forecast for June. Jan 100 Feb 150 Mar 200 Apr 500 May 800 June

Answers

Answer:

June forecast = 680

Explanation:

Since we are required to use two period weighted moving average, the forecast for June can be calculated using the following formula:

June forecast = (April figure * Weight for April) + (May figure * Weight for May) ....... (1)

Where;

April figure = 500

Weight for April = 0.4

May figure = 800

Weight for May = 0.6

Substituting the values into equation (1), we have:

June forecast = (500 * 0.4) + (800 * 0.6) = 200 + 480 = 680

ear, Inc. generates a $100,000 net operating loss in the current year. Plum, Inc. generates $500,000 of taxable income. Compute the current year tax if Pear and Plum do/do not file a consolidated return.

Answers

Answer:

Consolidated=$84,000

Not consolidated= $105,000

Explanation:

Computation for the current year tax if Pear and Plum do/do not file a consolidated return.

Computation for Consolidated

Taxable income = ($500,000 - $100,000) x 21%

Taxable income =$400,000×21%

Taxable income = $84,000

Computation for Not consolidated

Not consolidated= $500,000 x 21%

Not consolidated= $105,000

Therefore the current year tax if Pear and Plum do/do not file a consolidated return will be :

Consolidated=$84,000

Not consolidated= $105,000

Why would the government allow companies to buy and sell permits that allow companies to emit specified amounts of pollutants

Answers

Answer:

To removes bias in the allocation of emissions rights.

Explanation:

The government allow companies to buy and sell permits in order to removes bias in the allocation of emissions rights. These permits are given to the companies that allow other companies to emit a specific amount of pollutants from their industries. If there is no permits given to companies so these companies emits huge amount of pollutants which pollute the whole environment.

What is the percentage return on a stock that was purchased for $48.40, paid a $1.67 dividend, and was then sold after one year for $46.20

Answers

Answer:

-1.10%

Explanation:

Calculation for percentage return on a stock

Stock percentage return=$46.20 + 1.67 - 48.40)/$48.40

Stock percentage return= = -.0110*100

Stock percentage return=-1.10%

Therefore the percentage return on a stock is -1.10%

Dream House Builders, Inc. applies overhead by linking it to direct labor. At the start of the current period, management predicts total direct labor costs of $100,000 and total overhead costs of $20,000. On January 31, the direct labor for this job equals $2,700. Complete the following journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

Answers

Answer:

Dr Work in Process Inventory 540

Cr Credit - Factory Overhead 540

Explanation:

Preparation of journal entry

Dr Work in Process Inventory 540

Cr Credit - Factory Overhead 540

Calculation for the Overhead assigned to this job

First step is to calculate the Predetermined overhead rate

Predetermined overhead rate =$20,000 ÷$100,000

Predetermined overhead rate =20%

Now let calculate Overhead assigned to this job

Overhead assigned to this job = $2,700 ×0.20 Overhead assigned to this job= $540

Therefore the journal entry is :

Dr Work in Process Inventory 540

Cr Credit - Factory Overhead 540

if the government wishes to regular a natural monopoly so that it produces an efficient level of output it would be

Answers

Answer: Price capping, Regulation of mergers, breaking up existing monopoly

Explanation:

Price capping us setting regulations on the price that utility provider can charge. The cap is set according to several economic factors such as price cap index, inflation. Also the government would regulate mergers and break existing monopolies

Cramer Company sold five-year, 6% bonds on October 1, 2018. The face amount of the bonds was $155,000, while the issue price was $160,000. Interest is payable on April 1 of each year. The fiscal year of Cramer Company ends on December 31. How much interest expense will Cramer Company report in its December 31, 2018, income statement (assume straight-line amortization)

Answers

Answer:

$2,209

Explanation:

Calculation for How much interest expense will Cramer Company report in its December 31, 2016, income statement (assume straight-line amortization)

First step is to calculate cash interest

Cash interest =$155,000 × 6% × 3/12

Cash interest=$2,325

Second step is to calculate Premium amortization

Premium amortization= $2,325 × 1/5 × 3/12

Premium amortization=116.25

Now let calculate Interest expense

Interest expense=$2,325-$116.25

Interest expense=$2,208.75

Interest expense= $2,209 (approximately)

Therefore How much interest expense will Cramer Company report in its December 31, 2016, income statement (assume straight-line amortization) is $2,209

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