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Scilla [17]
3 years ago
7

At December 1, 2017, Swifty Company's Accounts Receivable balance was $12770. During December, Swifty had credit sales of $34200

and collected accounts receivable of $27360. At December 31, 2017, the Accounts Receivable balance is:
A. $19,610 credit
B. $1 debit
C. $46,970 debit
D. $19,610 debit
Business
1 answer:
daser333 [38]3 years ago
8 0

Answer:

D. $19,610 debit

Explanation:

closing receivable =opening receivable +credit sale-amount collected

Closing receivable=12770+34200-27360

Closing recievable=19610 debit balance

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Patch management watches for the release of new updates from vendors, tests the patches, obtains approval, and then oversees the
aleksandr82 [10.1K]

Answer:

TRUE

Explanation:

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Patch management can be defined as the process that helps acquire, test and install multiple patches (code changes) on existing applications and software tools on a computer, <u>enabling systems to stay updated </u>on existing patches and determining which patches are the appropriate ones.

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3 0
3 years ago
Speedy Auto Repairs uses a job-order costing system. The company’s direct materials consist of replacement parts installed in cu
Masteriza [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimates:

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8 0
3 years ago
Which of the following is a false statement? Brokers are paid a fee for their agent services; dealers earn the bid-asked spread
Natalka [10]

Answer:

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Explanation:

From the answers listed in the question the one that would be considered false would be that the less volatile the price of a security, the wider the bid-asked spread. This is because the bid-asked spread usually depends on the liquidity of the asset, when the asset has a large enough liquidity which causes the volatility to be low the bid-asked spread becomes very narrow since there is not much demand for buyers willing to pay higher prices for the asset in question. The opposite occurs if an asset is very popular and volatility is high which creates a much wider bid-asked spread.

3 0
3 years ago
When the price of a good rises, consumers buy a smaller quantity because of the ________ effect and the ________ effect?
VladimirAG [237]
When the price of a good rises, consumers buy a smaller quantity because of the substitution effect and the income effect.  A change in the relative prices of goods results in change in consumption of that goods and that is denoted as the substitution effect. T<span>he change in purchasing power on the other hand which also result in change in consumption is referred to as the income effect.</span>
4 0
4 years ago
The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called:
ArbitrLikvidat [17]

Answer:

Blockbusting

Explanation:

The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called Blockbusting. Blockbusting is the method of convincing landlords to sell estate cheaply, which was done by the U.S. property agents and construction developers and they do this by developing terror in the people that people with different racial and class will be soon relocating in the neighborhood and hence benefiting via reselling at a more expensive cost.

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