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kodGreya [7K]
2 years ago
14

Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj

usting entry including a ______. A. debit to accounts receivable B. debit to cash C. debit to accounts payable D. credit to accounts payable
Business
1 answer:
tamaranim1 [39]2 years ago
6 0

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

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What Trade-off Do You Make When You Use Credit ?
sp2606 [1]
With a credit card you don't always need to use cash, but you have to pay fees to the bank for usage.
7 0
3 years ago
David runs a bed and breakfast in the outskirts of a big city. His employees are allowed to spend up to $200 to resolve any cust
defon

Answer:

Empowerment.

Explanation:

Empowerment: It an authority or power been given to an individual or group of people to perform certain tasks with complete determination. This power has been given so that tasks been performed diligently and smoothly.  

In corporate, individuals been empowered to hold responsibility for certain tasks and prove profitable for the organization.

Similarly, In the given case David has empowered his employee to resolve customer complaints by itself without getting escalated, however, he has limited the power by $200 to resolve any customer complaint.

7 0
3 years ago
Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
IgorC [24]
In terms of smart financial planning, the reason why Christie makes changes to her budget <span>at the end of every month is because s</span>he is reviewing her goals at the end of every month and consequently, aligning the budget to work toward them.
7 0
3 years ago
Read 2 more answers
The current account includes __________. a. the export and import of goods and services. b. all purchases and sales of assets su
umka2103 [35]

Answer:

A. The export and import of goods and services

Explanation:

The current account refers to the trade balance of a country. It is the record of a country's transactions with the rest of the world.

Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.

The current account of a country can either be a surplus (positive) or a deficit (negative).

Surplus current account is when a country's export is greater than its import.

Deficit current account is when a country's export is less than its import.

Import refers a situation where a country buys goods from another country.

Export refers to a situation where a country sells to other countries of the world.

The current account is a part of the balance of payments, the other part is the capital or financial account.

Financial/capital account measures cross-border investments in financial instruments and changes in central bank reserves.

6 0
3 years ago
[30 PTS + BRAINLIEST]
saw5 [17]

Answer:

C

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

3 0
3 years ago
Read 2 more answers
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