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3 years ago

Accountant's define and understand Receivables:

Business

2 answers:

den301095 [7]3 years ago

8 0

Answer:

The answer is E.

Explanation:

Account Receivables is the type of account that is used to record expected money from the sale of goods on credit. Account receivables is an asset to the company because future economic benefits are expected to flow to the entity. It includes all forms of receivables.

Accounts receivables is being measured at cash net realizable value.

Daniel [21]3 years ago

6 0

Answer:

A) To include accounts receivables, notes receivables and other receivables.

B) To be claims from individuals and companies that are expected to be collected in cash.

C) To be shown on the balance sheet valued at its cash net realizable value.

Explanation:

Recievables are payments that are yet to be collected from customers for goods and services purchased on credit.

They can be in the form of accounts receivables, notes receivables and other receivables.

On the balance sheet receivables are represented as claims from individuals and companies that are expected to be collected in cash.

When customers eventually repay what they owe the receivables reduces on the company's books.

Receivables that cannot be recovered are recorded in allowance for doubtful accounts

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Multiple intelligences are defined as

oksano4ka [1.4K]

Answer:

Multiple intelligences refers to a theory describing the different ways students learn and acquire information. These multiple intelligences range from the use of words, numbers, pictures and music, to the importance of social interactions, introspection, physical movement and being in tune with nature.

Explanation:

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3 years ago

During the year, Sheldon Company had net credit sales of $ 47 comma 000. At the end of the year, before adjusting entries, th

Maru [420]

Answer:

The balance of allowance for doubtful accounts is $ 1,880

Explanation:

Computation of balance in Allowance for Bad Debts

Total credit sales $ 47 comma 000

Estimated bad debts as a % of sales 4 %

Balance of Allowance for Doubtful accounts $ 1,880

The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.

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4 years ago

If someone produced too little of a good, this would suggest that rational choice cannot be applied to many economic decisions.

juin [17]

If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.

8 0

4 years ago

How is earnings per common share calculated? Operating profit divided by the average number of common stock shares outstanding.

Crank

Answer:

Net profit divided by the average number of common stock shares outstanding

Explanation:

According to IAS 33.Earnings per share is earning attributable to each common share.

Earnings per Share = Net Profit or Loss for the period attributable to Common Stock Holders divided by Weighted Average Number of Common Stock Shares in Issue during the Period.

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3 years ago

Carmex moisture plus is priced between $2.49 and $2.99, a high price compared to the $0.99 carmex tube. carmex managers estimate

Mademuasel [1]

<span>Carmex is using the Target Pricing strategy in order to be able to keep an higher price and yet having the desirable amount of sales. This strategy has three key points: 1) identifying the price at which a product will still be competitive 2) defining the profit to be made when selling the product, based on what demography is willing to buy 3) Finding the target price with the data previously found</span>

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4 years ago