Answer:
<u>e) accounts receivable</u>
Explanation:
a) <em>allowance for doubtful accounts:</em> this is used to determinate a provision of uncollectible account. Customers that will not honor their debts.
b)<em>prepaid expenses:</em> This is use for the payment in advance for utilities and other expenses like rent. The description does not involve any payment from Dr Torres.
c)<em>unearned revenues: </em>used when the customer pays the service or goods but the business didn't perform or deliver. The Dr has perform his services so they revenues are earned.
d) <em>intangible assets: </em>refers to trademarks, patents and other assets which related to the business. the customers account are tangible, they are a know value
e) <u>accounts receivable: correct.</u>
This represent the collectible amount from customers, which is exactly what it is happening. The Dr gives a certain amount of time to receive the payment for his services. While the services aren't paid, the Dr has "Accounts to receive"
Answer:
Price / Earning ratio = 10
Explanation:
the P/E ratio will be determinate as follow:
Thus, the P/E will be 500/50 = 10
the price earning ratio stand for the amount of time required to payback the investment. In this case, 10 years as the market value is 500 dollars and eahc year the share earn 50 dollars
Wheat is the main input in the production of flour. if the price of wheat increases, all else equal, we would expect b. Supply of flour to decrease.
Wheat product is read to reach32.2 million tonnes in 2022 – 23, 30 above the 10- time normal to 2021 – 22 of24.7 million tonnes.
Climate change-affiliated events play a decreasingly pivotal part in food instability. In summer of 2021, the world faced a wheat deficit due to heatwaves and famines that hit the US and Canada, the alternate and third-largest wheat exporters after Russia. the US Department of Agriculture prognosticated global wheat product would decline from to774.83 million tons in 2022 to 2023, from779.29 million tons last season. In nations similar as Iraq, the deficit is compounded by extreme water dearths.
Learn more about Supply of wheat here: brainly.com/question/26826780
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Answer:
B2B
Explanation:
B2B Business-to-Business retail is a process in which a business sells its product to other business rather selling it to general consumer or general public. In B2C Business sells products to direct consumer, B2S Business sells products to Solopreneur and S2B Science reasearchers sell their work to Business.
Answer:
b) a debit to Depletion Expense for $175,000
Explanation:
The computation of the depletion expense is shown below:
Depletion expense = (Purchase of mining rights × current year mined tons of ore) ÷ (expected harvested tons of ore)
= ($500,000 × 350,000 tons) ÷ (1,000,000 tons)
= $175,000
So the journal entry would be
Depletion Expense A/c Dr $175,000
To Accumulated Depletion A/c $175,000
(Being the depletion expense is recorded)