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3 years ago

Turkey Corp. provides services to customers on account for $3,000. Recording this transaction will include a __________.

Business

1 answer:

Luden [163]3 years ago

8 0

Answer:

e) Credit to Revenue

Explanation:

The services provided to customers will be an increase of revenue and an increase in revenues is a credit transaction.

Since the question does not mention that the services were billed therefore the accounts receivable will not be increased till it is billed and thus option a) is not applicable.

The other options are not relevant since there is no cash collection involved, and no liabilities involved.

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Where is market equilibrium located

Lina20 [59]

Answer:

B. at the intersection of supply and demand

Explanation:

Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.

In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.

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2 years ago

Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade.

Varvara68 [4.7K]

Answer:

Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade. Its currency is the are. Potential output Is 600 billion arcs (Scenario: Fiscal Policy) Look at the scenario Fiscal Policy. If actual output Is 500 billion arcs, to restore the economy to potential output government should by 25 billion arcs.

increase taxes

Explanation:

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3 years ago

Blaney Clothing Store had a balance in the Accounts Receivable account of $437,500 at the beginning of the year and a balance of

Alexandra [31]

Answer:

Average Collection Period = 57.03

Explanation:

given data

Accounts Receivable beginning = $437,500

Accounts Receivable ending = $500,000

Net credit sales = $3,000,000

to find out

average collection period

solution

we get here first average account receivable that is express as

average account receivable = $\frac{437,500+500,000}{2}$

average account receivable = $468750

and we consider No of Days in a year is = 365

so Average Collection Period will be

Average Collection Period = $\frac{468750}{3000000}$ × 365

Average Collection Period = 57.03

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3 years ago

Which of the following terms addresses the problem when introducing a new product line could steal sales away from an existing p

lora16 [44]

Answer:

"A"

Explanation:

Market enhancement is the process of improving the production line of an existing product in order to increase the value, efficiency and effectiveness giving the product a market leading status and an edge over the rivals and new entrants.

It involves research , review and upgrade of production system

This is used to ensure that an existing product has the features to withstand the competition that a new product might bring

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3 years ago

Dashboards can be presented at all the following levels EXCEPT Group of answer choices the visual dashboard level. the static re

Lady bird [3.3K]

Dashboards can be presented at all the following levels except option C the visual cube level.

<h3>What are Dashboards?</h3>

Dashboard serves as the panel in a system that consist of containing instruments as well as the control.

Dashboards can be presented :

the visual dashboard level.
the static report level.
the self-service cube level.

Learn more about Dashboards at:

brainly.com/question/27305353

#SPJ1

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2 years ago