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scoundrel [369]
3 years ago
10

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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A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.
Vladimir79 [104]

Answer:

True

Explanation:

A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.

5 0
3 years ago
Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buy
aev [14]

Answer:

Amount received by sellers - Costs of sellers. 

Explanation:

Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.

Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.

Consumer surplus = Value to buyers - Amount paid by buyers.

I hope my answer helps you

5 0
3 years ago
Population growth is highest in which countries answers apex
Umnica [9.8K]
Countries with little money (apex) earth scince [sem2]
6 0
3 years ago
Read 2 more answers
A high-ranking manager who advocates the project and uses her or his influence to gain approval of the project is a project
kolbaska11 [484]
Such a person is the PROJECT SPONSOR. A project sponsor is the person with the overall accountability for a project, he has the responsibility to ensure that the project delivers the agreed business benefits. He is usually the one who is responsible for securing the financing and total resources project approval.
4 0
3 years ago
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and i
kirill115 [55]

Answer:

(a) $190,000

(b) $635,000

(c) $625,000

Explanation:

(a) Cost of material Consumed:

= Opening Stock of material + Purchases - Closing Material

= $1,20,000 + $200,000 - $130,000

= $190,000

(b) Total Manufacturing cost:

= Direct Material + Direct labor + Overhead

= $190,000 + $120,000 + $325,000

= $635,000

(c) Cost of goods manufactured:

= Total Manufacturing cost + Work in progress Beginning -  Work in progress End

= $635,000 + 80,000 - 90,000

= $625,000

8 0
2 years ago
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