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2 years ago

An accounts receivable ledger:

Business

1 answer:

nordsb [41]2 years ago

6 0

An accounts receivable ledger is one that is used to show the credit sales that are made by a business.

<h3>What is a Ledger?</h3>

This refers to the accounting book that is used to keep financial records and other related accounts.

Hence, we can see that in the case of an accounts receivable ledger, one can see that the balances of each customer is reconclied periodically as more transactions are made.

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3 years ago

Raugust-Mathwig, Inc., a corporation, was the sole general partner of a limited partnership. Calvin Raugust was the major shareh

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Answer:

Explanation:

Base on the scenario been described in the question, Molander can only recover against the assets of the limited

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3 years ago

Leaders who ensure their employees take part in decision making have a(n) ___________ leadership style.

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Answer:

D- participate

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3 years ago

Some of the following future cash flows have been expressed in then-current (future) dollars and others in CV dollars. Use an in

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Answer:

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Explanation:

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now we can use the present value formula:

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present values for:

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3 years ago

Read 2 more answers

15. Assume that Bullen issued 12,000 shares of common stock, with a $5 par value and a $47 fair value, to obtain all of Vicker's

vodomira [7]

Answer:

$104,000

Explanation:

Note: <em>The full question is attached as picture below</em>

Fair value of net assets = Cash and receivables + Inventory + Land + Buildings (net) + Equipment (net) - Liabilities

Fair value of net assets = $70,000 + 210,000 + 240,000 + 270,000 + 90,000 - 420,000

Fair value of net assets = $460,000

Purchase consideration paid = 12,000*$47

Purchase consideration paid = $564,000

Goodwill recognized = Purchase consideration - Fair value of net assets

Goodwill recognized = $564,000 - $460,000

Goodwill recognized = $104,000

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3 years ago