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dusya [7]
3 years ago
9

when a sale is made to a customer on credit, it creates an a/r that is classified on the balance sheet as

Business
1 answer:
zalisa [80]3 years ago
4 0

The correct answer is a current asset.

When a business makes a sale on account it creates an a/r, which stands for accounts receivable. Accounts receivable are categorized as a current asset on the balance sheet.

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After purchasing a fancy cut diamond ring for his wife, jason feels dissatisfied with his purchase as he feels that the ring was
ivanzaharov [21]

Buyer's remorse.

Buyer's remorse is a feeling of regret after making a purchase, especially for something expensive or extravagant.

3 0
2 years ago
Why are europeans smarter about their own countries governments than we Americans are about ours?
a_sh-v [17]
Well that's not really a question. More of an opinion.
5 0
2 years ago
A justice who agrees with the outcome of a case but not the reason proffered by other justices can issue a dissenting opinion th
vodka [1.7K]

Answer: False

Explanation:

A dissenting opinion refers to an opinion in a legal case that's written by the judge(s) who disagree with the court's majority opinion that gives rise to its judgment.

It should be noted that a justice who agrees with the outcome of a case but doesn't agree with the reason that was proffered by other justices can issue a concurring opinion and not a dissenting opinion.

Therefore, the correct option is False.

8 0
3 years ago
An investor company uses the equity method to account for its investment in 25% of the outstanding common stock of an investee c
masya89 [10]

Answer:

Option A is correct.

<u>A decrease in the Equity Investment account</u>

Explanation:

Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.

4 0
2 years ago
The Worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. They
LUCKY_DIMON [66]

Answer:

The correct answer is option B.

Explanation:

The Worthingtons have a motor home valued at $165,000.

Their car is worth $32,000.

They have investments worth $200,000.  

Their savings is worth $20,000.

They have medical bills worth $1,300.

Their credit card balance is $3000.

Their net worth will be

= Assets - Liabilities

= $(165,000 + $32,000 + $200,000 + $20,000) - $(1,300 + 3000)

= $417,000 - $4,300

= $412,700

3 0
3 years ago
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