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Goryan [66]
3 years ago
8

The following transactions occurred during July: received $900 cash for services provided to a customer during July. Issued comm

on stock for $2,200 cash. Received $750 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $375. Borrowed $6,000 from the bank by signing a promissory note. Received $1,250 cash from a customer for services to be performed next year. What was the amount of revenue for July?
Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

revenue for july 1,275

Explanation:

We only have to compute the services performed in July

900 cash services july

375  credit services july

1,275

The received from sales in junes doesn't count.

Also doesn't count the advance payment for services at next year

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On common size balance sheets, Company A's inventory is 8% and Company B's inventory is 14%. What do just these two percentages
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On common-size balance sheets, Company B is better at turning its stock than Company A.The reason, that organization B has an excessive stock turnover ratio is the stock of the employer is properly controlled than the employer A. sales might be much less in agency A.

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7 0
2 years ago
The profit earned from the sale of stock that has increased in value is known as
schepotkina [342]

Answer:

a capital gain . that is c

3 0
3 years ago
Read 2 more answers
Which is not a task of the bankruptcy trustee?
klio [65]

Answer:

The option which is not a task of the bankruptcy trustee is;

Represent the debtor when meeting with creditors

Explanation:

In a case of bankruptcy a bankruptcy trustee is assigned by the court and to whom the case information is handed to perform the following tasks

1) Converts the collected company assets to money

2) Assess the creditors (owed by the debtor) proof of claims

3) Allocate monetary refunds to the creditors

4)  Upholds or refuse claimants to specific debts

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3 0
2 years ago
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An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The
valentina_108 [34]

Answer:

The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%

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First we have to determine the real GDP using the GDP deflator.

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To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:

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5 0
3 years ago
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LUCKY_DIMON [66]

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4 0
1 year ago
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