Answer:
the accounts receivable turnover for Bramble is 5.85 times
Explanation:
The computation of the account receivable turnover ratio is shown below
the account receivable turnover ratio is
= Net sales ÷ (Beginning account receivable + ending account receivable) ÷ 2
= $473,850 ÷ ($56,000 + $25,000)
= 5.85 times
Hence, the accounts receivable turnover for Bramble is 5.85 times
Answer: Option B
Explanation: Foreign direct investment can be defined as a situation in which a company invest in a country other than its home country. In such a case, the company starts a new setup in the new country with the same business operation.
For example an automobile company of Germany opening their car showrooms in america.
Thus, from the above we can conclude that the correct option is B.
Answer:
Aging of accounts receivable method.
Explanation:
Accounts receivable are the payments owed to a business by its customers. Bad debt occurs when there is uncertainty that an account receivable will be recovered.
The accounts receivable aging method is used to classify debts based on on the length of time past due.
Classifications such as are based on length of time past due and when to time past due is too long it will be considered to be a loss.
Lengths of time used include: 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and greater than 120 days past due.
Answer:
The requirement of the question is below:
Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)
The postings of the transactions to t accounts are found in the attached
Explanation:
In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.
Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.
Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.
Check the highlighted balances as well and note that the balances are named after the side with balance brought down.
Answer:
D
Explanation:
i believe it could also be c
