1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
loris [4]
3 years ago
10

Bertrand Inc. performed services for clients in the amount of $1,600 on credit. If this transaction had been posted in error to

the Cash account instead of the Accounts Receivable account, what correcting entry would be necessary? Multiple Choice Debit Accounts Receivable $1,600; credit Cash $1,600 Debit Cash $1,600; credit Accounts Receivable $1,600 Debit Accounts Receivable $1,600; credit Fees Income $1,600 Debit Fees Income $1,600; credit Cash $1,600
Business
1 answer:
natita [175]3 years ago
6 0

Answer:

Accounts Receivable $1,600; credit Cash $1,600

Explanation:

According to the given situation, the Journal entry is shown below:-

Accounts Receivable Dr,      $1,600

            To Cash                               $1,600

(Being accounts receivable is recorded)

To record the accounts receivable we debited the accounts receivable and we credited the cash to correct the error.

You might be interested in
Henrietta is interested in moving her organization toward being a true learning organization. what might be one way in which she
S_A_V [24]
<span>If Henrietta wants to move her organization closer to being a true learning organization, she should redesign the structure. These changes will effect how the company is run and will improve the overall efficiency, productivity, and workflow of the company.</span>
6 0
2 years ago
If managers at XYZ, Inc. are utilizing direct supervision and other administrative systems as control mechanisms, they are focus
stepan [7]

Answer:

External Controls

Explanation:

Based on the information provided within the question it can be said that the the managers at XYZ seem to be using External Controls. These are outside party that can affect the way that the business is controlled. Since the managers are utilizing supervision and other administrative systems, then they are using outside help instead of handling it themselves with tools at their disposal, thus using External Controls.

8 0
2 years ago
Which of the following is most likely to be a constraint to implementing your suggested solution?A. Sales reps who are unwilling
pentagon [3]

<u>Explanation</u>:

       i. Limited cash on hand to make changes

              It is apparent from the case that the company is experiencing a drop in the sales from the past 5 years and thus, the financial reserves will be a constraint in the accomplishment of the idea.

       ii. Costumers purchase lifestyle products from people who they know and who have expertise

It is the idea that the director of the company mark always encourages direct interaction with the clients and personal selling rather than retail or online sales considering personal relation makes exposure to the experts and their advice.

      iii. Meet with mark, your direct supervisor, about how to establish your credibility with the owner

Being a newbie to the company, it is a wise option to follow the instructions of the reporting authority to establish rapport with the owner of the organization.

      iv. Sales have declined because customers have lower disposable income

It is also evident from the case of the financial crisis and recession in going in the market due to which the customer has a lower income to make purchases.

       v. Suggesting techniques to help our sales reps become more trusted advisors

It is the time to perform a forward step by the sales reps to take the role of the advisors i.e. trusted ones for the customer in recommending the best of all.  

6 0
3 years ago
Tình hình kinh tế và triển vọng phát triển của việt nam
Marina CMI [18]

Answer:

English plzzz

Explanation:

5 0
2 years ago
In the country of 2, citizens are restricted from moving out of the strata they are born into. Also, individuals are allowed to
vlada-n [284]

Answer:

Caste system

Explanation:

The caste system is referred to as the system in which people are restricted to their own strata. it is referred to social structure in which people are bound to it and restricted to follow their own culture.

In a country like India, the caste system plays a vital role in deciding the social status of people. High caste people are assumed to have higher social status than other lower caste.

3 0
2 years ago
Other questions:
  • With employer-paid training, workers have the potential to become more productive not only in their present employment but also
    7·1 answer
  • If demand shifts to the right when income increases, we can conclude that the good is:_____
    5·1 answer
  • One of Tony Hsieh’s most important roles now is to act as a cultural leader for Zappos. Using your knowledge of cultural leaders
    7·1 answer
  • Answer this question based on the following information about a company: Revenues, $20 million; costs, $15 million; assets, $30
    6·2 answers
  • An investor invests 70% of her wealth in a risky asset with an expected rate of return of 15% and a variance of 0.05 and she put
    8·1 answer
  • J Corporation has two divisions. Division A has a contribution margin of $79,300 and Division B has a contribution margin of $12
    6·1 answer
  • Why might a person assume the Mr. White could be doing well financially
    12·1 answer
  • Which of the following scenarios illustrates the law of demand?
    13·1 answer
  • Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?​
    13·1 answer
  • Beginning at point d if you were planning to purchase the good next week and the price would triple what new point would you mov
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!