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77julia77 [94]
3 years ago
13

On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10, n/30. The cu

stomer made the correct payment on November 17. How would Flores record the collection of cash on November 17?
Business
1 answer:
Licemer1 [7]3 years ago
3 0

Explanation:

The journal entry is as follows

On November 17

Cash A/c Dr                   $7,840

Sales Discount A/c Dr $160

                  To Accounts receivable    $8,000

(Being cash received recorded)

The discount would be

= Accounts receivable × percentage given

= $8,000 × 2%

= $160

The remaining amount would be credited to the cash account.            

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Notes move in different directions. what refers to the movement of notes​
Rasek [7]

Answer:

Melodic motion is the quality of movement of a melody, including nearness or farness of successive pitches or notes in a melody. This may be described as conjunct or disjunct, stepwise, skipwise or no movement, respectively.

6 0
3 years ago
In 2013, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 143,929,000 were employed, 11,460,000 were
xz_007 [3.2K]

Answer:

A

Explanation:

To calculate the adult population, we simply make use of the data available from the BLS.

We can simply make the calculations by adding the number of employed Adult Americans to the number of unemployed adult Americans.

We simply do not have any business with the number not in labor force because they are actually part of those that are employed but are not just in the labor force.

The adult population is thus:

143,929,000 + 11,460,000 =155,389,000

6 0
4 years ago
Many people tend to be too conservative when investing their retirement funds.
goblinko [34]

Many people tend to be too conservative when investing their retirement funds this is true

  • Medical expenses. Most of us will experience rising medical costs as we age, which could be problematic without adequate preparedness.
  • Market turbulence, inflation, and so on
  • Running out of money, losing a spouse, etc.
  • Rising inflation, shifting interest rates, erratic stock market behavior, and ineffective retirement plans are just a few examples of financial hazards.
  • Neglecting Your Long-Term Plan. It's far too simple to be seduced by busy markets and promises of substantial rewards.
  • Taking out loans against retirement funds, skipping required minimum distributions, etc.

Learn more about medical expenses here brainly.com/question/14152634

#SPJ4.

5 0
2 years ago
Swifty Corporation has assets of $4345000, common stock of $1076000, and retained earnings of $629000. What are the creditors’ c
Umnica [9.8K]

Answer:

$2,640,000

Explanation:

Given the above information,

Creditor's claim is computer as

= Assets - Common stock - retained earnings

Given that

Assets = $4,345,000

Common stock = $1,076,000

Retained earnings = $629,000

Creditor's claim on their asset = $4,345,000 - $1,076,000 - $629,000

= $2,640,000

8 0
3 years ago
What is an origination fee on a loan?
Elena-2011 [213]

Answer & Explanation: An origination fee is a payment associated with the establishment of an account with a bank, broker or other company providing services handling the processing associated with taking out a loan.

4 0
3 years ago
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