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
algol13
2 years ago
8

Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment?

Business
1 answer:
natali 33 [55]2 years ago
3 0

Answer:

I think....... the answer is c...

Hope it helps

You might be interested in
Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
Basile [38]

Answer:

Liabilities increase and assets decrease.

Hope this helps!

3 0
3 years ago
On April ​3, a customer returned $ 900 of merchandise that had been purchased with cash to Cooke Supplies. Cooke​'s cost of the
PIT_PIT [208]

Answer:

The Journal entries are as follows:

(i) Sales revenue A/c  Dr. $900

          To Cash  $900

(To record the correction in sales revenue)

(ii) Merchandise Inventory A/c  Dr. $200

           To Cost of Goods sold  $200

(To record the merchandise returned)

Note:

(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.

(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.

4 0
3 years ago
Consider the all-units quantity discount schedule below. Quantity Ordered Price Per Unit EOQ at that Price 1-499 $300 952 500-99
UkoKoshka [18]

Answer: B. 1023, 1500, 2000}

Explanation:

The Optimal solution should contain the set of quantities that would require the lowest no. of orders to achieve a discount in a class.

1,023 is quite close to the lowest amount required of 1,000 in the 1,000 to 1,499 range.

So are 1,500 and 2,000.

Option D can also work but it has too many order quantities and will inflate the price.

The Optimal Solution therefore has to be from this option.

5 0
3 years ago
The closing is conducted by the sellers agent
torisob [31]

Answer:

False

Explanation:

As we know that the closing would be conducted by the closing agent not with the seller agent. The closing agent could be the worker or the employer etc

Therefore the given statement is false

Hence, it is not a true statement

So the same is to be relevant

6 0
3 years ago
On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account
slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

           To Allowance for Doubtful Accounts           $3,150

(Record adjusting entry for bad debt expense estimate)

5 0
3 years ago
Other questions:
  • The two reasons why bankruptcy is a false concern about the public debt are:
    7·1 answer
  • Governments of all types have historically included two basic components: a means of coercion, and a means of
    13·1 answer
  • g "9. (a) Explain how financial ratio analysis of a firm’s projected cash flow budget could be efficiently used by its managers
    13·1 answer
  • Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a proportionate, liquidating distribution of $16,000 ca
    9·1 answer
  • Messing company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon de
    11·1 answer
  • An informal session of 6 to 10 customers in which a moderator asks their opinions about a firm's and its competitors' products,
    11·1 answer
  • Name the different levels of courts and describe their powers?
    12·1 answer
  • Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000
    13·1 answer
  • Ill give brainliest to whoever can guess what number im thinking of 1-10
    8·2 answers
  • What are the accounting differences between cash and receivables from the perspective of a buyer? A seller? How are these differ
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!