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
scoray [572]
1 year ago
11

he journal entry to record $5.6 million in sales on account includes a ______. (Select all that apply.) Multiple select question

. credit to Sales Revenue of $5.6 million credit to Accounts Payable for $5.6 million debit to Cash of $5.6 million debit to Accounts Receivable of $5.6 million debit to Allowance for Doubtful Accounts of $5.6 million
Business
1 answer:
Anarel [89]1 year ago
8 0

<em>The journal entry to record $5.6 million in sales on account includes a </em><em>credit to Sales Revenue of $5.6 million and debit to Accounts Receivable of $5.6 million.</em>

<h3>What does journal entry mean?</h3>

A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the sums to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry. The accounting cycle begins with a journal entry.

<h3>What is an example of a journal entry?</h3>

A purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.

learn more about journal entry here <u>brainly.com/question/26446159</u>

#SPJ4

You might be interested in
Suppose that Sally J. Society recently lost her job as an underwater welder. In looking for a new​ job, she discovers that the o
Mademuasel [1]

Answer:

D. Structurally unemployed

Explanation:

Structural unemployment is a type of involuntary unemployment. It is when a person cannot get a job because there's no job available that matches the skills the person possesses.

Seasonal unemployment is when Labour is unemployed during particular seasons.

Cyclical unemployment is when unemployment rises when there's a downturn of the economy and falls when there's a boom.

Frictional unemployment occurs when Labour is moving from one job to another.

I hope my answer helps you

3 0
2 years ago
Of the following types of administrative professionals, which one can expect to earn the highest salary?
krok68 [10]

Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.

The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.

7 0
3 years ago
What significance is hiring the right candidate to a bussines success?
mr_godi [17]
Well if you higher someone for let’s say a fast food place but they can’t cook or they have terrible customer service they that business is not going to get as many customers and will then lose money, which is why you should higher people who know what they are doing.
7 0
3 years ago
What Acts of Parliament govern the operation of incorporated not-for-profit organisations?
guapka [62]

Answer:The Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) governs eligibility of a not-for-profit entity to be registered as a charity for federal purposes, and establishes governance standards and reporting requirements for registered organizations

WARNING: I am not sure I am right

Explanation:

3 0
3 years ago
Choose all that apply. Select all of the tools you could use to track your expenses.
fgiga [73]

Answer:

budget software

spreadsheet

Mint©  

Mvelopes®

Explanation:

The spreadsheet is also the same as Excel. It used to organize and analyze expenses and identify how your expenses can be reduced

Mint© is an online expensive tracking device, that can be used to track credit score and manage expenses.

Budget software is budgeting and expensive tracking device. It can be used to track credits cards and bank account

Mvelopes® is an online expensive tracking device that is used in taking care of the budget.

6 0
3 years ago
Other questions:
  • A company has the following aging schedule of its accounts receivable with the estimated percent uncollectible:______.
    5·1 answer
  • Bedrock Company reported a December 31 ending inventory balance of $414,000. The following additional information is also availa
    8·1 answer
  • Today, almost every sales rep can immediately check the company's inventory andproduction schedule electronically. This allows s
    9·1 answer
  • Sunny Corporation began the year with cash of $ 141, 000 and land that cost $ 55, 000. During the year Sunny earned service reve
    14·1 answer
  • You might have heard your grandmother say, "when i was your age, candy bars cost a nickel." like candy bars, the price of fast f
    8·1 answer
  • Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1.200 at poker. Also this year
    5·1 answer
  • The difference between a merger and an acquisition is________.
    13·2 answers
  • Coronado Industries purchased equipment in 2019 at a cost of $912000. Two years later it became apparent to Coronado Industries
    7·1 answer
  • Which two actions will help you get the most benefit from an informational interview
    10·1 answer
  • The LIFO reserve is the difference between the inventory valuation as reported under: Multiple choice question. LIFO and the amo
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!