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Soloha48 [4]
2 years ago
14

On January 15, 2021, Concord Company received a two-month, 6%, $8300 note from William Pentel for the settlement of his open acc

ount. The entry by Concord Company on January 15, 2021 would include a: credit of $8300 to Notes Receivable. credit of $8383 to Accounts Receivable. debit of $8383 to Notes Receivable. debit of $8300 to Notes Receivable.
Business
1 answer:
olganol [36]2 years ago
4 0

$10500.

What is credit and debit?

Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.

<u>Debit</u>

An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.

<u>Credit</u>

A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.

Learn more about credit and debit with the help of given link:-

brainly.com/question/27917616

#SPJ4

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False

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In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.

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8 0
3 years ago
Roberta’s brokerage account contains 10 stocks. She has held five of those stocks for over two years, and she purchased the othe
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Explanation: took the test

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3 years ago
you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this ill
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Explanation:

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3 years ago
You own a portfolio that has a total value of $235,000 and it is invested in Stock D with a beta of .82 and Stock E with a beta
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8 0
3 years ago
If the 3 employees are paid an additional $4/hour for any extra hours they work, they will be motivated to maintain their produc
amm1812

Answer:

The answer is "16 hours"

Explanation:

The 3 workers were paid an extra fee.

\frac{\$4}{hour} \\\\3 \times 4= 12 \ productivity \\\\

Their output rate will be sustained after the 4^{th}hour,

= 12 + 4 \\\\= 16 \ hours

4 0
3 years ago
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