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jok3333 [9.3K]
3 years ago
9

A ___________ to A/P represents cash paid to creditors.

Business
2 answers:
lana66690 [7]3 years ago
7 0

Answer:

Credit

Explanation:

Remember that in accountability, a credit is somthing that is owned or added or owed to you, and debits is something that you had to pay, a debt or a spent, so in this case since it is you paying off some loan or to someone that you owed money to then that is a credit in your favor in the A/P so the correct word to complete the sentece would be "Credit".

lyudmila [28]3 years ago
6 0
The normal side of account payable is on the credit side which means the supplies, services, or purchases a company bought is on credit terms. This is used as opposed to cash when you can't pay for the purchase yet. So, a debit to accounts payable means there is a payment made to a supplier or vendor. 
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Pharoah Corporation had the following activities in 2020. 1. Payment of accounts payable $843,000 4. Collection of note receivab
DIA [1.3K]

Answer:

The amount Pharoah should report as net cash provided (used) by financing activities in its 2020 statement of cash flows is $344,000.

Explanation:

Pharoah Corporation

Statement of cash flows (extract)

Proceeds from common stock                $256,000

Proceed from bond payable                    $466,000

Dividend paid                                           ($333,000)

Purchase of treasury stock                        ($45,000)

Net cash flows from financing activities    $344,000

Note that the payment of accounts payable and collection of notes receivable only affect the operating activities section of the cash flows.

7 0
3 years ago
Which of the following practices will lead to effective recognition and rewarding of employees? Select one: a. Tying rewards to
MA_775_DIABLO [31]

Answer:

Rewarding behavior, not just results

Explanation:

Effective recognition means that you have to recognize the effort that being put by the person , not just the ideal outcome.

Let's say that you want to influence your employees to improve their productivity. There is a chance that some might fall and some might succeed.

Those who fall does not necessarily make lesser effort than those who success. There is a chance that they're focusing their effort on the wrong things.

In such situations, you need to acknowledge and reward the fact that they're willing putting the effort and give them advice on how to nudge the effort's direction so it become more effective.

4 0
3 years ago
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces,
jeka57 [31]

Correct/Complete Question:

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False

Answer:

True

Explanation:

The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;

 -  What goods and services should be produced?

 -  How should these goods and services be produced?

 -  Who consumes these goods and services?

Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.

I hope this helps.

5 0
3 years ago
In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banki
I am Lyosha [343]

Answer:

warehousing

Explanation:Warehouse financing as a type of financing   is the process whereby manufacturers or producers  take loan and the collateral for the loan taken are their goods/ items. The collateral   which is the goods or commodities are held in high regards or trust by a third party  who serves as a trustee holds the goods on the lender's behalf. s. an approved agent can also be used.

Warehouse financing is importantly necessary as it provides manufacturers with better and favorable loan terms , cost effective and  an adequate repayment plan also as a merit to its use.

4 0
2 years ago
Match the term with the correct definition.
bixtya [17]

Answer:

Matched as below

Explanation:

a. Cashier’s check: A draft drawn by a bank on itself

b. Check:  A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand

c. Certified check:  A draft that is payable on demand, drawn on or payable through a bank, and specially designated

d. Traveler’s check: A draft that had been accepted by the bank on which it is drawn, promising to pay the check when it is presented

8 0
3 years ago
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