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avanturin [10]
4 years ago
11

promissory note received from a customer in exchange for an account receivable is recorded by the payee as

Business
1 answer:
luda_lava [24]4 years ago
4 0

Answer: Note Receivable

Explanation:

A Note Receivable is a written document from a party promising to repay another party with interest on amounts borrowed in form of cash or otherwise thereby creating a debtor - creditor relationship between them.

When a promissory note is received from a customer in exchange for an accounts receivable it is a <em>Note Receivable</em> and the Payee being the creditor will record it as such.

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Which of the following falls under the category of current position analysis? a.Number of days' sales in inventory b.Inventory t
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Answer:

The answer is D

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3 0
3 years ago
According to the Bureau of Economic​ Analysis, during the recession of 2007minus​2009, household saving as a fraction of disposa
luda_lava [24]

Answer:

A) decrease MPC​, increase MPS​, and decrease the multiplier so that changes in planned investment will have a smaller impact on equilibrium output.

Explanation:

When you receive money, e.g. get paid by your employer, the first thing you do is pay for your basic necessities which are classified as autonomous spending. Then hopefully you will have some money left which is classified as disposable income. You can do two things with your disposable income, either spend it or save it.

The proportion that you spend is called the marginal propensity to consume (MPC) and the remaining part that you save is called the marginal propensity to save (MPS). If the MPS was 1% in 2007 and increased to 5% in 2009, then the MPC was 0.99 in 2007 and 0.95 in 2009.

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6 0
3 years ago
Adam, a hairstylist at a salon in seattle, styles his customers in various ways. his work looks different on different people ev
guapka [62]

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6 0
3 years ago
How can businesses addressing unemployment?
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Small businesses are actually the major engine of the economy, especially now that much of our manufacturing jobs have moved overseas, so they play a crucial role in employment.
8 0
4 years ago
Omnidata uses the annualized income method to determine its quarterly federal income tax payments. It had $100,000, $50,000, and
nika2105 [10]

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Explanation:

Given that,

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Therefore, Omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment is $300,000.

7 0
3 years ago
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