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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>

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The planning team should represent the many facets of the community, including governmental and nongovernmental entities, the pr
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Answer:

True is the answer

Explanation:

The planning team should represent the many facets of the community, including governmental and nongovernmental entities, the private sector, infrastructure owners and operators, and civic leaders.

3 0
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Sophie Black works as a computer programmer for a software company. Her boss, Mike Jones, is responsible for developing a new so
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3 years ago
Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 per
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Answer:

Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.

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increase in money supply = additional funds x money multiplier

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6 0
3 years ago
cost $24,000 with a six-year life and no salvage value. The company expects to sell the machine's output of 3,000 units evenly t
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4 years

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Payback period is

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