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MA_775_DIABLO [31]
9 months ago
14

wise guys consulting receives payment in full totaling $9,000 from a client for services which were rendered and invoiced the pr

evious month. what would be the impact at the time the payment is received?
Business
1 answer:
Grace [21]9 months ago
3 0

The impact at the time the payment is received is a Revenue $9000 increase with credit.

Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as total earnings, are often referred to as the "top line" because they are at the top of the income statement.

Revenue is the total revenue generated from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.

Revenue represents income from business activities and profit represents net profit after deducting expenses from income. Earnings can take many forms, including B. Sales, Commission Income, and Property Income.

The Revenue is used as an indicator of income quality. There are several financial metrics related to this. The main ones are gross margin and profit margin. Businesses also use earnings to determine the cost of bad debts using the income statement method.

Account receivable $9000 increasea  with debit

Revenue $9000 increase with credit

Learn more about Revenue here:-brainly.com/question/16232387

#SPJ4

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Transmissions are delivered to the fabrication line five at a time. It takes two hours for transmissions to be delivered. Approx
Leokris [45]

Answer:

The Number of kanban card sets is 2.

Explanation:

c =  5

T = 2 hours

d = 3 vehicles/hour

N = d*T(1 + ss)/C

   = 3*2(1 + 0.30)/5

   = 1.56

Therefore, The Number of kanban card sets is 2.

5 0
3 years ago
Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0
2 years ago
Which of the following is the riskiest choice for your money? A. Savings account B. Government bonds C.CDs D REI
Vikki [24]
D., REI. hope that helped
7 0
3 years ago
Read 2 more answers
Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor
frez [133]

Answer and Explanation:

Labor Productivity in Units per hour

Labor Hours Productivity(In units) =  Total Output / Input hours

For Deluxe Cars =  5,000 units / 21,250 hours = 0.24 units per hour (approx)

For Limited Cars =  6,250 units / 29,950 hours = 0.21  units per hour (approx)

Labor Productivity in dollars

Labor Hours Productivity(In dollars) =  Total Output in dollar / (Input hours x rates)

For Deluxe Cars =  (5,000 units x $8,500) / (21,250 hours x $13) = $42,500,000 / $276,250 = $153.84 per unit

For Limited Cars =  (6,250 units x $10,100) / (29,950 hours x $15) = $63,125,000 / $499,250 = $126.44 per unit

7 0
3 years ago
Formerly owned by ebay, a popular free online payment service that allows you to send money, and accept payments without reveali
julia-pushkina [17]

A popular free online payment service that allows you to send money, and accepts payments without revealing your personal financial information is Pay- pal.

<h3>What is financial information?</h3>

Personal information is refer to information related to banks that shows the financial position of an individual. This information includes the number or pin of debit cards or credit cards, statements of banks, and the transaction made.

Owned subsidiary of eBay pay-pal is referred to as an online service payment that is owned by eBay providing users with security by allowing them for making payments without revealing their personal financial information.

Learn more about online payment services, here:

brainly.com/question/1638022

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4 0
1 year ago
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