A. I went to fourth grade however, that was a long time ago
I’m sorry that’s to much to read I can’t help you with this one
Answer:
At the end of the period, account receivable balance shall be $20,000
Explanation:
Account receivable is an account to register credit sale. It is an asset account and is increased with a debit entry.
In this example, opening balance is $12,000.
Credit sale for the month $30,000
less collections received $22,000
Closing Balance : $20,000
Answer:
Those willing and able to pay for them.
Explanation:
The market system is based on the interplay of demand and supply forces this forces a system where the people who get the goods and services are those who are willing to pay for them.