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Arte-miy333 [17]
4 years ago
6

The Diamond Store began business on June 1. During the month of​ June, Diamond had cash payments of $ 10,000. At the end of​ Jun

e, it had a $ 18,000 cash balance. Based on this​ information, the cash receipts for the month of June​ were________.
Business
1 answer:
tresset_1 [31]4 years ago
3 0

Answer:

$28,000

Explanation:

Cash payments is a negative entry (credit) to the cash balance account, while cash receipts is a positive entry (debit), if the final cash balance is $18,000, cash receipts for the month of June are:

R - \$10,000 = \$18,000\\R= \$28,000

The cash receipts for the month of June​ were $28,000.

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Answer: <u><em>The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of:  $750</em></u>

Given:

Accounts receivable = $640

Allowance for Doubtful Accounts = $110

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<em><u>Therefore, the correct option is (c).</u></em>

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4 years ago
Khandi gives a presentation to advocate that her employer, Let-Us Ltd., which offers services such as personal shopping and even
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Answer:

A). She cites a personal services company in another city that increased its business by adding dog walking to its services.

Explanation:

PREP method is demonstrated as the effective method or approach of presentation or speech that consists of four steps: 'P stands for 'point'(statement of claim), 'R stands for 'reasons'(explanation of the point), 'E stands for 'examples or evidence'(to support the claim), and lastly, 'P stands for point('justification and restatement of the claim').

According to this method, option A i.e. 'She cites a personal services company in another city that increased its business by adding dog walking to its services' reflects the third step that Khandi uses for her presentation. <u>This citation would not only support her claim but also establish the credibility of her claim</u> while the next step would prove how her claim is justified. Thus, <u>option A</u> is the correct answer.

7 0
3 years ago
On October 1, ABC Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 accounts receivable. The no
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Answer:

The correct answer is b. $450

Explanation:

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3 years ago
Who of the following would NOT qualify for FAFSA money?
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A salesperson's compensation can be made up of some combination of salary, commission, and ________, which are payments made at
murzikaleks [220]

Answer:

"bonuses"

Explanation:

according to my research on the different type of payments that are given to employees, I can say that the answer is "bonuses", because it is the only type of physical payment that is missing from the question. Bonuses are paid to employees when reach a certain milestone or goal that is set by the employer or company, usually used as an employee motivator.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
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