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RideAnS [48]
2 years ago
11

To record a customer's check in full payment for a sale that was made the prior month, the company should debit the ____________

account.
A. Unearned Sales
B. Sales Accounts
C. Payable Cash
D. Accounts Receivable
Business
1 answer:
bearhunter [10]2 years ago
6 0

To record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

<h3>Payable cash account</h3>

Based on the information given the appropriate journal entry to record a customer's check in full payment for a sale is:

Journal entry

Debit Payable Cash account

Credit Sales accounts

(To record customer's check in full payment)

Inconclusion to record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.

Learn more about payable cash account here:brainly.com/question/4656883

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mash [69]

Answer:

The correct answer is letter "B": A change in the price of oil.

Explanation:

The supply curve for any good or service responds in front of changes in price. According to the supply law, if the price of a good or service increases so will the quantity supplied moving the supply law to the right. If the price of the good decreases so will the quantity supplied moving the supply curve to the left. The price-quantity supplied relationship is directly proportional.

5 0
3 years ago
Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hand
Schach [20]

Answer and Explanation:

The journal entries are shown below

1.

On Denver books

Equipment Dr $17,000

Accumulated depreciation $60,000

Loss on sale of equipment $3,000

                  To Equipment $80,000

(Being equipment recorded)

On Bristol books

Equipment Dr $17,000

Accumulated depreciation $25,000

          To Gain on sale of equipment $10,500

          To Equipment $31,500

(Being equipment recorded)

2.

On Denver books

Equipment Dr $20,000

Accumulated depreciation $60,000

                  To Equipment $80,000

(Being equipment recorded)

On Bristol books

Equipment Dr $6,500

Accumulated depreciation $25,000

          To Equipment $31,500

(Being equipment recorded)

7 0
3 years ago
A _______________ is a supply chain whose members act like a unified system.
Anvisha [2.4K]

Answer:

e. Vertical marketing system.

7 0
3 years ago
Financial assets may include:__________ a. capital assets that can be sold. b. cash, investments, and receivables, inventories,
mojhsa [17]

Answer:

b. <u>cash, investments, and receivables, inventories, prepayments</u>

Explanation:

Financial assets refer to liquid assets which derive their value from ownership rights and claims. For example, bonds, mutual funds, etc are financial assets.

In the given case, cash, investments, receivables, inventories, prepayments (prepaid expense) etc are liquid assets and current assets which can be readily converted to cash. Investments could be both short term and long term.

Investments in treasury bonds are highly liquid.

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3 years ago
A person who can afford a monthly payment of and signs a loan
Bond [772]

Answer:

4000

Explanation:

5 0
3 years ago
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