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
Liono4ka [1.6K]
3 years ago
13

On April 30, 2015, Zono Electronics, Inc. made a payment of $3,500 to Imperial Distributors, a supplier. Choose the statement th

at best describes the recording of this financial transaction by Imperial Distributors.
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

A) Debit cash, credit accounts receivable

Explanation:

As the statement said, Zoono electronics made a payment which means they are debiting cash amount of $3,500 to imperial distributor who is a supplier. So the best statement that best describes the recording of this financial transaction by imperial distributor is their account receivable has been credited and cash is debited. All the other options are wrong except this.

You might be interested in
Phil enters into a contract with Quality Resorts, Inc., to work as a chef. Under the plain meaning rule, the meaning of this con
icang [17]

Answer:

"The face of the instrument"

Explanation:

This is a legal phrase which means the contract (aka the "instrument") must be read "on its face." Basically, you should put everything you want the contract to say in plain language and the parties are only held to the plain, common understanding of exactly what is written down.  

The idea is that no party can go back and say that something else is expected or implied from the contract unless it is actually written down.  

7 0
3 years ago
Bramble Corp. factors $7200000 of its accounts receivables with recourse for a finance charge of 5%. The finance company retains
saul85 [17]

Answer:

See below

Explanation:

Given the above information, first we'll compute net proceeds

Cash received $7,200,000 × 86%

$6,192,000

Add:

Due from factors $7,200,000 × 9%

$648,000

Less;

Recourse obligation

($5,000)

Net proceeds

$6,835,000

5 0
3 years ago
For many years, college costs (including tuition, fees, and room and board) increases have been higher than the inflation rate,
arsen [322]

Answer: $23,888

Explanation:

The cost today for a freshman at a public university is $19,500.

Inflation is at 7% a year and the period is 3 years from now. It is best to use a future value formula:

= Fees * ( 1 + rate) ^ number of years

= 19,500 * ( 1 + 7%)³

= 19,500 * 1.225043

= $23,888

3 0
3 years ago
The four traits of constructive criticism are _______.
Dmitrij [34]

Answer:

The answer to this question is given below in the explanation section.

Explanation:

Constructive criticism is the process to offer valid and well-reasoned reponed or opinion about other works, it includes both positive and negative comments in a friendly way rather than an oppositional one.

There are four traits of constructive critisim.

So, the correct answer to this question is given below:

D: Positivity, Solution-Oriented, Specific, and private.

While other options are not correct because the four traits of constructive criticism are starting from positivity, solution-oriented, specific, and private.

8 0
3 years ago
Read 2 more answers
I WOULD LOOOOVE IF SOMEONE COULD ANSWER THIS RIGHT AS SOON AS THEY CAN !!!!!!The taxpayer identification number for partnerships
xz_007 [3.2K]

Answer:

EIN; employer idenification number.

Explanation:

hope this helps :)

5 0
3 years ago
Read 2 more answers
Other questions:
  • A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $125,374.6
    15·1 answer
  • The following information is available for Sunland Company for the year ended on December 31, 2022. Beginning cash balance $ 20,
    14·1 answer
  • After saving money in his piggy bank for three years, omar decided to deposit $2,500 of the money in the local bank. if the bank
    14·1 answer
  • Consider the following list of items: Food Electric bill Clothing Health insurance These are all examples of:
    5·2 answers
  • Alan works as a news anchor for a television network. In addition to his regular pay, at the end of each year, his company pays
    15·2 answers
  • Zoning ordinances have changed in the area adjacent to a residential neighborhood. The residents are incensed a retail shopping
    14·1 answer
  • An upscale restaurant offers a special fixe prix menu in which, for a fixed dinner cost, a diner can select from four appetizers
    15·1 answer
  • When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending and a recess
    6·1 answer
  • I have never.....in a bar before a . working b.work c. worked d .works e been works​
    11·2 answers
  • there is a growing emphasis on strategic supply management processes and less on purchase transactions.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!