1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
neonofarm [45]
2 years ago
12

For billing and collection purposes, companies keep a separate accounts receivable account for each customer called a ______ acc

ount. Multiple choice question. subsidized general temporal subsidiary temporary
Business
1 answer:
Lapatulllka [165]2 years ago
6 0

A subsidiary account are the separate accounts of receivable account for each customer mostly from billing and collection purposes.

<h3>What are subsidiary account?</h3>

This refers to an account kept within a subsidiary ledger which is then summarizes into a control account in the general ledger.

Hence, it is also the separate accounts of receivable account for each customer mostly from billing and collection purposes.

Therefore, the Option D is correct.

Read more about subsidiary account

<em>brainly.com/question/16046062</em>

#SPJ1

You might be interested in
Two independent companies, Sheridan Co. and Pharoah Co., are in the home building business. Each owns a tract of land held for d
marshall27 [118]

Answer: d. $44,958.

Explanation:

Gain = Fair Value of Sheridan land - Cost and book value of Sheridan land

= 810,000 - 581,400

= $228,600

Pre-tax gain = Gain * Cash paid/ Fair value

= 228,600 * (159,300/810,000)

= $44,958

3 0
3 years ago
Debt management ratios: a. measure the amount of debt the firm uses. b. measure how effectively a firm is managing its assets. c
Lubov Fominskaja [6]

Answer:

a. measure the amount of debt the firm uses.

Explanation:

In simple words, the debt management stated the management of the debt that reflects the agreement with the unsecured creditors stating the time period. It usually happens with a motive for an extended period of time, so that he or she can have more time to repay their debt.

After extending the time period, the payment is made on the installment on a regular basis to the company that manage the debt.

5 0
3 years ago
Which one of the following statements is correct with respect to coinsurance used with commercial insurance policies? A. The rat
Grace [21]

Answer:

D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.

Explanation:

Coinsurance is the amount which is fixed cost payable by the insurance seeker in order to provide claim against the risk. The coinsurance rate is decided based on the risk nature. If the risk is high the coinsurance rate will be higher so that insurance coverage is maximum.

5 0
3 years ago
"If your manager assumed that you are motivated by money and offered incentive pay so that you would earn more money if you did
Bingel [31]

Answer:

Carrot Approach

Explanation:

There is much more efficiency if the worker has self incentive.

Incentive can be by carrot or stick approach , implying positive motivation incentive & negative motivation respectively.

Carrot Approach / Positive Motivation : is offering some monetary or perks benefit, if worker attains desirable targets .

Stick Approach / Negative Motivation : is giving some sort of punishment , if worker fails to attain desirable targets .

Eg - Extra incentive salary (as given) is carrot Approach based on positive incentive .

Cutting salary is stick approach based on negative incentive .

4 0
3 years ago
A(n) ________ performs and records the daily activities of a firm necessary to conduct business.
gtnhenbr [62]

Answer: Transaction processing systems

Explanation:

The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.

 It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.

The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.  

 Therefore, Transaction processing system is the correct answer.

6 0
3 years ago
Other questions:
  •  Which of the following is least likely to be a safety concern in the shop? 
    9·1 answer
  • Lund Company applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under o
    9·1 answer
  • __________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
    6·1 answer
  • In third party negotiations a conciliator is a trusted third party who provides an informal communication link between the negot
    10·1 answer
  • Match each term with its description. Match Term Definition Economy A) Make or provide goods and services that consumers buy and
    10·2 answers
  • If a borrower can afford to make monthly principal and interest payments of 1000 and the lender will make a 30 year loan at 5 1/
    10·1 answer
  • Which statement best describes the relative risk of two types of investment?
    10·2 answers
  • True or false? A full service inbound offering is a comprehensive set of inbound services designed to help a client meet their g
    8·1 answer
  • Which resource management agency would most likely set guidelines for oil pipelines and windmills?
    15·1 answer
  • the montana hills co. has expected earnings before interest and taxes of $8,100, an unlevered cost of capital of 11%, and debt w
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!