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nignag [31]
3 years ago
14

Notes or accounts receivables that result from sales transactions are often called

Business
1 answer:
Allisa [31]3 years ago
6 0

Answer:

The answer is given below;

Explanation:

These are called trade receivables.

When the sales are made on credit,the outcome is accounts receivable which are realized at some point of time as agreed between the seller and buyer.

In case of note receivable,these are amounts owed to the company by the clients who have signed promissory notes as evidence to pay in future.

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How do you wheeze?becasue im lost
emmasim [6.3K]

Answer:

whistling sound happens when air moves through narrowed airways, much like the way a whistle or flute makes music.

3 0
3 years ago
It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. The current long-term debt
atroni [7]

Answer:

A) Total investment for Digby will be $2,518,806

D) Long term debt will increase from $33,862,062 to $34,888,934

Explanation:

The current Long-term debt is $33,862,062

Digby issues new shares of 50,000 with stock price $20.54.

50,000 shares * $20.45 = $1,027,000

Assets of Digby will rise by,

Assets / Equity = 2.45

Assets / $1,027,000 = 2.45

Assets = 2.45 * $1,027,000

Assets = $2,516,150

6 0
3 years ago
Read 2 more answers
Identify which assumption each given scenario references have.
NikAS [45]
Assuming it’s B) Transitive Tastes
5 0
3 years ago
You just inherited a trust that will pay you $100,000 per year in perpetuity. However, the first payment will not occur for exac
allsm [11]

Answer:

PV= $620,921.32

Explanation:

Giving the following information:

Cash flow (Cf)= $100,000

Interest rate (i)= 7.25%

<u>First, we need to calculate the value of the investment at the moment of the first payment (five years from now). </u>To calculate the present value we need to use the following formula:

PV= Cf / i

PV= 100,000 / 0.1

PV= $1,000,000

<u>Now, the value today:</u>

PV= FV / (1 + i)^n

PV= 1,000,000 / (1.1^5)

PV= $620,921.32

8 0
3 years ago
Complete the following statements using either "debit" or "credit":
Gekata [30.6K]

Answer:

a Debit

b Credit

c Debit

d Credit

e Credit

f Credit

g Debit

h Debit

i Debit

Explanation:

The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.

The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.

The increase in expense is normally debited while the reduction in expense is a credit.

The increase in capital account is a credit

4 0
3 years ago
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