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
eduard
3 years ago
8

A company collects an account receivable previously written off. Indicate how this transaction would affect:______.a. assets, st

ockholders' equity, and revenues. b. increase, increase, increase. c. increase, increase, decrease.d. increase, decrease, increase. e. no effect.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
7 0

Answer:

b. increase, increase, increase

Explanation:

When an amount previously written off is collected, the entries required to account for the collection are

Debit cash account

Credit other income account.

This will increase asset (in form of cash), increase stockholders' equity (in form of net income) and increase revenue.

You might be interested in
In double-entry accounting, what kinds of transactions are recorded in the left debits column?
yaroslaw [1]
Asset debits are recorded in the left debits column.
6 0
3 years ago
Read 2 more answers
James Sebenius, in his Harvard Business Review article: Six Habits of Merely Effective Negotiators, identifies six mistakes that
PolarNik [594]

Answer:

c. Neglecting the Other Side’s Problems.

Explanation:

To be an effective negotiator one must understand what his interest is and what he can compromise and the limits to what can be given to the other party (that is no-deal options).

It is even more important to understand the other parties problem. This can be used to guage their interest and how it can be met.

Not considering the counterparty problem is a mistake the negotiating team have made. If the other partie's problem is not understood then there won't be an effective way of negotiating.

3 0
3 years ago
Why do consumer advocates advise against using alternative financial services?.
spayn [35]

Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

<h3>What is a financial service?</h3>

It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.

In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

Learn more about financial services on:

brainly.com/question/1357912

7 0
2 years ago
In about 100 words, outline the advantages of using RFID technology instead of bar code scanning technology in managing the inve
STatiana [176]

Answer:

(1) RFID TAGS FROM A GREATER DISTANCE THAN BARCODE WHEN TAGGING INVENTORIES.

(2) RFID TAGS CAN BE READ AT A FARTHER DISTANCE THAN BARCODE.

(3) RFID TAG MUST NIT BE IN LINE WITH THE SCANNER FOR IT TO IDENTIFY AND READ INVENTORIES.

Explanation:RFID(RADIO FREQUENCY IDENTIFICATION) uses electromagnetic fields to track and identify by reading and capturing the information stored on a tag attached to an object. It is a generally accepted and has been widely used in variety of industries including Supply chain,Human resources, inventory management etc

(1) RFID TAGS FROM A GREATER DISTANCE THAN BARCODE WHEN TAGGING INVENTORIES.

(2) RFID TAGS CAN BE READ AT A FARTHER DISTANCE THAN BARCODE.

(3) RFID TAG MUST NOT BE IN LINE WITH THE SCANNER FOR IT TO IDENTIFY AND READ INVENTORIES.

7 0
3 years ago
Does listening to soothing music help employees concentrate better? A psychologist studied the number of puzzles employees of a
ololo11 [35]

Answer:

Total puzzles solved expected by an employee: 2.61

Explanation:

we multiply each outcome by the probability adn then add them together. Thus, we are doing a weighted-average

0 x 0.06  =      0.00

1 x 0.16    =      0. 16

2 x 0.19   =      0.38

3 x 0.32  =      0.96

4 x 0.24  =      0.96

5 x 0.03  =<u>      0. 15 </u>

Total puzzles  2.61

8 0
3 years ago
Other questions:
  • It costs Sheffield Corp. $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A for
    14·1 answer
  • Kate recently invested in real estate with the intention of selling the property one year from today. she has modeled the return
    5·1 answer
  • Crossroads Mall had 100,000 outstanding shares of common stock. On June 16, 2018, Crossroads repurchased 20,000 shares of its ow
    10·1 answer
  • You discover that your supervisor/team leader stole a password and she has been secretly logging into the computer of another te
    6·1 answer
  • You know about computer security, ethnics and privacy
    9·1 answer
  • When Walmart threatens to punish or punishes the other channel member for not undertaking certain tasks, such as if it were to d
    9·1 answer
  • If consumers increase their purchase of goods and services then a likely outcome for our economy is
    12·2 answers
  • If you damage a house or fence with your car you can cover for the damage under ?
    12·1 answer
  • Raphael Corporation’s common stock is currently selling on a stock exchange at $157 per share, and its current balance sheet sho
    15·1 answer
  • Assume the expected return on the market is 9 percent and the risk-free rate is 4 percent. (a1) What is the expected return for
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!