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4 years ago

What is deeper learning?

Business

1 answer:

lina2011 [118]4 years ago

7 0

It's when you learn a higher grade than you are:

Ex.) If your in 7th grade and your learning 10th grade work

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Required information [The following information applies to the questions displayed below.] The following events occur for Morris

Gekata [30.6K]

Answer:

Journal 1 : February 2, 2021 Provide services to customers on account for $26,000

Trade Receivables $26,000 (debit)

Revenue $26,000 (credit)

Journal 2 :July 23, 2021 Receive $17,000 from customers on account.

Bank $17,000 (debit)

Trade Receivables $17,000 (credit)

Journal 3 :December 31, 2021 Estimate that 20% of uncollected accounts will not be received

Profit and Loss $ 1,800 (debit)

Allowance for Doubtful Debts $ 1,800 (credit)

(26,000-17,000)×20%

Journal 4 :April 12, 2022 Provide services to customers on account for $39,000

Trade Receivables $39,000 (debit)

Revenue $39,000 (credit)

Journal 5 :June 28, 2022 Receive $6,000 from customers for services provided in 2021.

Bank $6,000 (debit)

Trade Receivables $6,000 (credit)

Journal 6 :September 13, 2022 Write off the remaining amounts owed from services provided in 2021.

Bad Debts $3,000 (debit)

Trade Receivables $3,000 (credit)

(26,000-17,000-6,000)

Journal 7 :October 5, 2022 Receive $35,000 from customers for services provided in 2022

Bank $35,000 (debit)

Trade Receivables $35,000 (credit)

Journal 8 :December 31, 2022 Estimate that 20% of uncollected accounts will not be received.

Profit and Loss $800 (debit)

Allowance for Doubtful Debts $800 (credit)

39,000-35,000×20% = 800

Explanation:

"Services to customers on account"

Recognise an Asset - Trade Receivables and also Recognise Revenue

"Receipt of Cash from Receivables"

Recognise the Assets of Cash and De-recognise the Trade Receivable

"Estimate of uncollected accounts"

Recognise an Expense in the Profit and Loss and recognise a Contra - Account Allowance for Doubtful Debts to De-recognise the Trade Receivables

8 0

3 years ago

IDENTIFY THREE THINGS A DEED OF PARTNERSHIP CONTAINS

Arisa [49]

Answer:

Name of the firm as determined by all the partners.

Name and details of all the partners of the firm.

The date on which business commenced.

Explanation:

3 0

2 years ago

Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.19 million and investment in operating capital of $2.19 mi

DiKsa [7]

Answer:

EBIT is $11.67 million

Explanation:

For computing the EBIT, first we have to calculate the operating cash flow which is shown below:

FCF = Operating cash flow – Investment in operating capital

$8.19 million = Operating cash flow - $2.19 million

So, the Operating cash flow = $10.38 million

Now we apply the operating cash flow which is shown below:

The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

$10.38 million = EBIT + $0.9 million -2.19 million

$10.38 million = EBIT - $1.29 million

So, EBIT is $11.67 million

8 0

3 years ago

Angela deposited her money in a credit union bank. One day, she finds that the bank deposited her paycheck to the wrong account,

stepan [7]

Answer:

The correct answer is the responsibility to notify the customers regarding the money deposited or withdrawn by which this could have been prevented if the bank were able to provide the details that the money she had deposited were safely placed on her account and not on someone else’s. So, the answer is c.

4 0

3 years ago

Those who exhibit similarities in occupations, education, and income level, and have similar tastes in style and activities ar

juin [17]

Answer: The correct answer is "B. social class".

Explanation: Those who exhibit similarities in occupations, education, and income level, and have similar tastes in style and activities are members of a <u>social class.</u>

In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

8 0

3 years ago