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Elodia [21]
3 years ago
5

7. How does the recognition of revenue on account (accounts receivable) affect the income statement compared to its effect on th

e statement of cash flow?
Mathematics
1 answer:
snow_tiger [21]3 years ago
8 0

Answer:

Whenever there is a credit sale, revenue is recognized at the time of sale, and accounts receivables is created, and then revenue increases with the amount of sale, in income statement.

As accounts receivables is increased in indirect method such net increase in accounts receivables from previous year end is deducted under cash flow from operating activities,

Further, recognizing revenue by creating accounts receivable individually does not impact cash flow statement as no cash is affected until amount is collected from accounts receivables.

Thus on a net result, the effect shall be as follows:

Effect on income statement = Increase in income.

Effect on cash flow statement = No effect as does not involve cash

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a container of coffee is 1/6 full.The container contains 2/3 of a pound of coffee.write division expression that represents the
zimovet [89]

Answer:

capacity of the container is 4 pound

Step-by-step explanation:

We have given that a container of the coffee is \frac{1}{6} full

And it contains \frac{2}{3} of a pound so \frac{2}{3} pound

It means \frac{1}{6} f of container contain  \frac{2}{3}  pound coffee

So capacity of the container is \frac{\frac{2}{3}}{\frac{1}{6}}=4pound

So capacity of the container is 4 pound

8 0
3 years ago
(a) Find the first 3 terms in ascending powers of x of the binomial expansion of (2+x/2)^6
Firdavs [7]

Answer:(2+x/2)^6=64(1+3x/2+15x^2/16+5x^3/16+....) (2.05)^6=74.2203

Step-by-step explanation:

3 0
3 years ago
At her job, mary works 4 hours on monday, 3 hours on wednesday, and 6 hours on saturday. her boss adds a $10 bonus to her payche
Andru [333]
She worked 4+3+6 hours = 13 hoursso 13x+10 = 120.50
13x=110.50
x=8.5
so she makes $8.50 an hour which is A.
8 0
3 years ago
Solve the equation for the variable specified. df + 10h = 3 Solve for d. A. d 3= 10h f B. d. 3- 10h f C. d = 3 - 102 D. d = f(3
Nesterboy [21]

Answer:

Step-by-step explanation:

d= (3-10h)/f

6 0
3 years ago
How do you simplify (3a^2b) /(5ac) x (10c) /(6ab) given that A, B, C does not equal to 0?
krek1111 [17]

Answer:

  • 1

Step-by-step explanation:

  • (3a²b) /(5ac) x (10c) /(6ab) =
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8 0
2 years ago
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