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3 years ago

The accounts receivable credit column of the cash receipts journal is

1 answer:

5 0

The accounts receivable credit column of the cash receipts journal is "posted in summary at the end of the month and by individual amounts on a daily basis".

Option: D

Explanation:

In general ledger the sums in the debit and credit column are reported personally. The calendar of receivable accounts is lists of all clients 'accounts, account balances, and total amount due. Here the accounts receivable credit column are those in which the cash receipts journal column is the sums that are added separately to the receivable ledger accounts. Although debit column accounts payable are those in which cash payments journal column is the sums that are added separately to the accounts payable ledger.

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Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei

andrezito [222]

Answer:

A.$141.80

Explanation:

Present Value of Trish payments = $P+P\frac{1-(1+(r/m))^{-(n-1)} }{r/m}$

Present Value of Trish payments = $450 + $450 $\frac{1-(1+(0.095/12))^{-(48-1)} }{0.095/12}$

Present Value of Trish payments = $180,54

Present Value of Josh payments = $P\frac{1-(1+(r/m))^{-n} }{r/m}$

Present Value of Josh payments = $450 $\frac{1-(1+(0.095/12))^{-48} }{0.095/12}$

Present Value of Josh payments = $17,912

Difference between two payments = 18054 - 17912 = 141

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3 years ago

The work and/or assignments performed by employees are referred to as skills. True False

jeka94

I'd say that the answer is true

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3 years ago

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Cullumber Manufacturing Company purchased 14600 switches to make 6300 units. The standard allows for 2 switches per unit. The co

earnstyle [38]

Answer:

d. $1,875 unfavorable

Explanation:

Direct material quantity variance is computed as;

= (AQ - SQ) × SP

AQ = Actual quantity = 6,300 units

SQ = Standard quantity = 14,200 / 2 = 7,300 units

SP = Standard price = $0.80

Direct material quantity variance

= (6,300 - 7,300) × 0.80

= -1,000 × $0.80

= -1,875 unfavorable

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3 years ago

On average, how much money is expected to be spent per person for halloween this year?.

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This Halloween, it's anticipated that each person would spend, on average, $100.45.

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Learn more about Spend here

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1 year ago

Which social network has more than 410 million registered members and because of that popularity, more than 4 million companies

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Answer:

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Explanation:

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3 years ago