Answer:
C) Debit Cash $2,750
Credit Accounts Receivable $2,750
Explanation:
When payment is received in respect of services rendered or goods sold in the past periods, the accounting rule is to debit cash or bank as the case may be and credit account receivable for the amount received. This is necessary because in period when transaction took place, revenue has been credited and account receivable debited.
Answer:
10%
25.14 years
Explanation:
A financial calculator can be used to solve these problems
PMT = $-1,100
PV = $5,355.26
FV = 0
N = 7
Compute I = 10%
PMT = $-25,000
FV = $1,387,311
I = 6%
PV = 0
Compute N = 25.14 years
While making financial decision one should keep in mind the Cost-benefit analysis, marginal analysis, trade-offs, and opportunity costs.
<h3>What are the strategies for making better fianancial decision?</h3>
The success of your firm will depend on the wiser financial decisions you make, among other things. Financial errors can have devastating repercussions and seriously ruin your business venture. You must be familiar with your company's financial data in order to develop stronger financial decision-making techniques.
1. Consistently Use Reliable Accounts
2. Invest in financial education
3. Regularly compare cash flow forecasts to actuals
4. Ensure That Major Initiatives' Financial Impact Is Always Calculated
5. Have Your Team Participate In Decision-Making
6. Consistently monitor financial performance
Learn more about the Business finance with the help of the given link:
brainly.com/question/10024737
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When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
Your answer would be, The <ol> and </ol> tags must be at the start, and end of an ordered list.
<OL> and </OL>
Hope that helps!!! Hope that was one of the choices given, since you haven't put any choices, so I'm guessing.
Hope that helps!!!! ( Answer: <ol> and </ol> )
