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dsp73
1 year ago
11

Cash may not include:

Business
1 answer:
wel1 year ago
4 0

Cash may not include <u>accounts receivable</u>. The Option C is correct.

<h2>What is Cash?</h2>

Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.

<h2>What is an uncollectible accounts?</h2>

An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.

The adjustment for uncollectible accounts is computed as follows:

= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts

= ($246,000 x 6%) − $700

= $14,760 - $700

= $14,060

Read more about uncollectible accounts

brainly.com/question/20597051

#SPJ1

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Ksju [112]
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2 years ago
Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market
kipiarov [429]

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8 0
3 years ago
As a graphic artist, Randy has just finished a new calendar. The calendar cost him $1.00 for the glossy paper, $3.00 for the six
Yanka [14]

Answer:

Break-even units = 66.67 units

Explanation:

<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>

<em>The break-even point is calculated as </em>

<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>

Contribution per unit = Selling Price - Variable cost

Contribution per unit = 15- (1+3+0.50) = 10.5

Fixed cost = 500 +( 50× 4) = 700

So the units requited to achieve break-even point:

Break-even point =  700/10.5

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4 0
3 years ago
Many television infomercial advertise a product at a very low price. after you order the product, you find there is a fairly sub
musickatia [10]

Answer:

This is an example of multiple pricing.

Explanation:

Sometimes if you add all the extra charges, like shipping and handling, you might realize that the product being offered by the infomercial is actually more expensive than similar products that you can buy on retail stores or websites.

Infomercials do this on purpose, they use low selling prices as bait, but then they charge very high fees for processing your order and shipping it.

4 0
3 years ago
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Yes I would be inclined to take legal action against an employer that has violated my legal rights.

<h3>What does the term legal right mean?</h3>

This is the term that has to do with the rights of a person that is recognized by the law of the land and the right that the law also helps to safeguard.

A person that tramples on the legal tights of a person deserves to receive legal actions because it shows that such a person does not have respect for others.

Read more on legal action here: brainly.com/question/9524284

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4 0
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