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3 years ago

A customer paying $100 for a service with a credit card would be a debit to which account?

Business

2 answers:

balandron [24]3 years ago

6 0

Answer:

Answer is Accounts receivable.

Explanation:

A customer paying $100 for a service with a credit card will be a debit to Accounts receivable.

Fed [463]3 years ago

5 0

Answer:

Accounts receivable

Explanation:

The $100 is a debit from the credit card of the customer and would be debited to accounts receivable.

Account receivable is basically the money owed to a seller by the buyer and they are created by the company when the credit purchase is made.

The company will receive their $100 owed to them from accounts receivable because it shows on the balance sheet the amount owed the company and can be retrieved on short term basis.

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True Blue Corporation provided the data set forth above from its activity-based costing system.

Sidana [21]

Answer:

Unitary cost= $765.38

Explanation:

Giving the following information:

The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year.

The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit.

Unitary cost= direct material + direct labor + allocated overhead

We don't have enough information to allocate overhead.

Assuming the overhead gets allocated based on machine hours, I will invent an overhead rate and cost to allocate.

Estimated overhead= 300,000

Machine hours= 690

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/690= $434.78 per machine hour

A unit uses:

690/430= 1.61 machine hours

Unitary cost= direct material + direct labor + allocated overhead

Unitary cost= 35.82 + 29.56 + (1.61*434.78)= $765.38

8 0

3 years ago

Sometimes it is better to leave a task and come back later if you do not feel like doing it at the time

Allushta [10]

Yes i definitely agree

3 0

2 years ago

A full account of an event or series of events, usually told in chronological order, is called a:_______

sladkih [1.3K]

It's known as a story.

<h3>How Do Stories Work?</h3>

A story or narrative is a related series of events that is conveyed by language, including written or spoken words, images, both still and moving, body language, performance art, and music. In a narrative, any subject, genre, or style can be covered, and the events might be real or made up. Nonfiction and fiction can both be included in stories. There are stories to be told about everything that has ever happened, will ever happen, and will ever be. No matter the subject or the era, whenever you describe a series of events to someone, you are telling a tale.

Consequently, a tale is a comprehensive account of an event or series of events that is often told in chronological order.

For more information on the story, refer to the following link:

brainly.com/question/9148951

#SPJ4

7 0

1 year ago

A customer has purchased 200 shares of ABC at $51 per shaer. The stock is now worth $54 and the customer buys 2 ABC Aug 55 Puts

trapecia [35]

Answer:

$200 loss

Explanation:

The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200

5 0

3 years ago

Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks. true or false

Musya8 [376]

this assumption is false. Liquidity of money refers to the ease with which the owner of an asset can convert it into cash. it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets.

4 0

2 years ago

Read 2 more answers