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avanturin [10]
3 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]3 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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What role do sources play in validating an argument? Are we able to rely on the internet to provide complete and truthful inform
Andrej [43]

Incomplete question. However, I answered from a general research perspective.

<u>Explanation:</u>

<em>What role do sources play in validating an argument?</em>

Well, the term source basically refers to the originator of any information. We have sources that are considered <em>credible sources</em> (like Encyclopedia, Journal Magazine, Newspaper, etc) and others that are considered <em>incredible sources </em>(general social media post). Knowing the kind of source could thus help validate an argument.

Relying on the internet to provide complete and truthful information is difficult considering the amount of fake news available today.

8 0
3 years ago
What is (are) the main problems in using a balance sheet to provide an accurate assessment of the value of a company's equity?
frez [133]

Answer:

A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.

Explanation:

As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.

Therefore the correct option is a.

3 0
2 years ago
Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures h
a_sh-v [17]

The annual premium for Zack's house would be <u>cheaper</u> through <em>AAA </em>than <em>Thompson’s Insurance. </em>

<h3>How to calculate the annual premium of two companies? </h3>

AAA company is offering $0.36 per $100 of value.

Thompson company is offering $3.63 per $1,000 of value;

\frac{3. 63 }{1000} \\=\frac{0.363}{100}

Hence, <u>0.363</u> is higher than 0.36, which makes <em>AAA company </em>more beneficial for insurance.

Learn more about premium calculation here:

brainly.com/question/2644714

4 0
1 year ago
is starting her own accounting firm and hires , a freelance web designer who specializes in responsive design to build her busin
sasho [114]

Answer:

No, contracts for personal services are not assignable.

Explanation:

According to a different source, these are the options that come with this question:

Yes, as long as the assignment does not increases the burden on Max.

Yes, Claire can assign her obligations under the contract to anyone who accepts.

No, contracts for personal services are not assignable.

No, the assignment is not valid since Max did not give any consideration.

This is most likely not a good strategy for this woman. The fact that this woman has been hired as a freelance web designer means thta the woman is beig paid for her professional expertise. No one else can perform the job in the way that she can perform it. Therefore, she cannot assign this duty to another person.

8 0
3 years ago
What is autocratic leadership ​
4vir4ik [10]
An authoritarian leadership style is exemplified when a leader dictates policies and procedures, decides what goals are to be achieved, and directs and controls all activities without any meaningful participation by the subordinates.
4 0
2 years ago
Read 2 more answers
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