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
krek1111 [17]
3 years ago
8

the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.The balance of the account is a/a

n
Business
2 answers:
hram777 [196]3 years ago
8 0

Answer:

$800 Debit.

Step by step explanation:  

We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.

Since debit postings are more than credit postings, so the balance of the account will be debit.

Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.

\text{The balance of the account}=1900-1100

\text{The balance of the account}=800

Therefore, the balance of the account is a $800 debit.

kiruha [24]3 years ago
3 0

When making an account statement, there are two columns, one is the Debit Side and the other is the Credit Side. Debit side means an increase in the Assets, expenses or Revenues. Whereas credit side means an increase in the liability, or equity of the company.

In this case, Debit side has an amount of 1900 and Credit side has an amount of 1100. The balance of the account would be 1900 - 1100 = 800 Debit.

It can be like:

                       Debit              |              Credit

                       ------------------------------------------

                        1900              |                 1100

                       ------------------------------------------

                                  Balance: 800

You might be interested in
Susan drops by Dean's garage sale and buys a painting for $10 that both she and Dean think is a copy of a piece by Matisse, a we
zloy xaker [14]

Answer:

Dean probably will be able to get the painting back.

A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.

5 0
3 years ago
In which situation is it acceptable for an it professional to access corporate secrets?
NNADVOKAT [17]

Answer:

the answer you have now is correct.

3 0
3 years ago
Management has determined that there is one chance in a thousand of a customer being injured or killed. The settlement of result
natka813 [3]

Answer:

$700

Explanation:

In cost benefit insurance , the intervention and its benefit are evaluated to arrive at the best decision for the insured party.

Working

Potential lawsuits - $750,000

Deductible insurance - $50,000

Possibility of injury /death = 1/1000

Maximum payment for insurance - $(750000-50000)/1000

$700

3 0
3 years ago
Read 2 more answers
During a period of high inflation, whDuring a period of high inflation, what government actions can preserve the value of money?
zmey [24]

Answer:

selling gold for use as an alternate currency

restricting the money supply by adjusting interest rates

7 0
3 years ago
Bramble Corp. provided the following information on selected transactions during 2018: Purchase of land by issuing bonds $101000
Alex_Xolod [135]

Answer:

-$1,035,000

Explanation:

The computation of the cash flows from investing activities is presented below:

Cash flows from investing activities

Loans made to affiliated corporations -$1,340,000

Add: Process from sale of equipment $305,000

Net cash used by investing activities -$1,035,000

The loan made is an cash outflow whereas the proceeds from sale of an equipment is cash inflow so we did the adjustment accordingly

3 0
3 years ago
Other questions:
  • (lavilla) lavilla is a village in the italian alps. given its enormous popularity among swiss, german, austrian, and italian ski
    5·1 answer
  • Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10
    11·1 answer
  • All of the following statements regarding accounting treatments for liabilities under U.S. GAAP and IFRS are true except:_______
    14·1 answer
  • Mark is the inventory-control manager at Shield Corp. He usually places an order for steel rods based on the firm's daily requir
    8·1 answer
  • Drag the tiles to the correct understand the different types of life insurances
    10·2 answers
  • Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where t
    15·1 answer
  • Production equipment costing $500,000 has been purchased by a contract manufacturing company to meet the specific needs of a cus
    7·1 answer
  • Cash sales 12,650 ,COS 10,000<br>journal entry?​
    8·1 answer
  • A decrease in energy prices will: decrease short-run aggregate supply. increase short-run aggregate supply. decrease aggregate d
    7·1 answer
  • What is the main difference between a generic market and a product market
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!