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3 years ago

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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Selected data from Emporia Company follow: Balance Sheets As of December 31 2018 2017 Accounts receivable $ 600,000 $ 480,000 Al

svet-max [94.6K]

Answer:

Compute the accounts receivable turnover for 2018.

4.29 times

Compute the inventory turnover for 2018

3.6 times

Compute the net margin for 2017.

24.58%

Explanation:

Compute the accounts receivable turnover for 2018.

accounts receivable turnover = Sales / Accounts receivable

= $ 2,400,000 / $ 560,000

= 4.29 times

Compute the inventory turnover for 2018

Inventory turnover = cost of Sales / inventory

= $1,800,000 / $ 500,000

= 3.6 times

Compute the net margin for 2017.

net margin = Net Profit / Sales × 100

= (2,400,000-1,810,000) / 2,400,000 × 100

= 24.58%

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3 years ago

At the end of 2011 Mardle Inc. reported retained earnings of $1,504 . At the end of 2012, the retained earnings were $4,863 . If

fenix001 [56]

Mardle paid $8937 in 2012

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3 years ago

The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project d

Ray Of Light [21]

Answer:

Process asset updates.

Explanation:

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2 years ago

Fred contributes cash of $350,000 to Strumble Partnership for his 50% interest in the partnership. For his 50% interest Gary con

n200080 [17]

Answer:

Gary's Basis in the partnership interest is $155,000

Explanation:

Particulars Amount ($)

Adjusted Basis Of Land 250000

Mortage*Share In Percentage ($200000*50%) (100000)

Additional Borrowing*Share In Percentage ($50000*50%) (25000)

#Difference*Share In Percentage ($100000-$40000)*50% 30000

Basis 155000

Difference:

Net Income 100000

Distribution Of Each Partner*2 ($20000*2) (40000)

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3 years ago

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This is an example of insider trading, which is using private company data or information to make improper gains.

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3 years ago