Answer:
December 21, 2016,General Journal entries
Account Debit Credit
Notes Receivable $10,000
Account Receivable $10,000
Explanation:
December 21, 2016,General Journal entries
Account Debit Credit
Notes Receivable $10,000
Account Receivable $10,000
The accounts receivable of Alpha company were debited for $10,000 from Bravo company, When bravo company issued the note, Alpha company accepted it. Due to this acceptance, Accounts receivable were replaced by notes payable. So accounts receivable in debit were reduced to zero and were credited. Now notes receivable were debited as new asset.
Answer:
One of the biggest limitations of accounting is that it cannot measure things/events that do not have a monetary value. If a certain factor, no matter how important, cannot be expressed in money it finds no place in accounting.
Are all types of trades that taxes imports or exports
Because it might be a person trying to hack your info or it could be a predator.
