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Dahasolnce [82]
3 years ago
12

On Nov. 1, Eli Co. received a $6,000, 60-day, 6% note from a customer as payment on his $6,000 account. Eli’s journal entry to r

ecord this transaction on Nov. 1, would include a:
Debit notes receivable for $6,000, credit accounts receivable for $6,000
Business
2 answers:
Goshia [24]3 years ago
8 0

Answer:

Credit to Accounts Receivable for $6,000.  Debit to Notes Receivable for $6,000.

Explanation:

In the given report, Eli Co. will need to record the probable cash inflow and cash outflow in the account document. The amount of money that the company received is credited to the company's account while the amount of money the company will pay back to the lender is recorded as a debit. The debit will be paid later.

kirill115 [55]3 years ago
5 0

Answer:credit accounts receivable for $6,000

Explanation: this is because Eli co received a payment into their account from a customer which is a credit to their account.

It would have been a debit if Eli co paid out or made an expenditure from their account.

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When its sales were declining, canadian airline conducted a marketing survey to understand the expectations of the business trav
Montano1993 [528]

Answer:

The correct answer would be, The Canadian Airline would have used Lost Customer Recovery Strategy.

Explanation:

When the sales of the Canadian Airline declines, they surveyed their target market which is Business Class Travelers. From the responses of the customers, they found out that customers feel bounded by the staff of the airplane. They think that they were totally controlled by the staff on board.

Now if the Canadian Airline would have surveyed their former customers, then they would have known why they left their airline, and what was their concerns and what they want in this airline; then the strategy used by them would have Lost Customer Recovery Strategy.

7 0
3 years ago
The analytic technique utilized after an adverse event occurs to prevent its recurrence is called?
azamat

The analytic technique utilized after an adverse event occurs to prevent its recurrence is called Root cause analysis.

<h3>What are the root cause analysis five steps?</h3>
  • Root cause analysis is a technique for problem-solving used in science and engineering to determine the underlying reasons of errors or issues.
  • It is frequently utilized in areas like information technology operations, telecommunications, industrial process control, accident investigation, and the healthcare sector.
  • Realize the Issue: To start, you must decide what went wrong.
  • Gather a Good Amount of Information.
  • Determine the Related Causal Factors.
  • Create a conclusion.
  • Make any necessary adjustments.
  • The analytic technique utilized after an adverse event occurs to prevent its recurrence is called
  • Root cause analysis.

To learn more about the Root cause analysis, refer to the following link:

brainly.com/question/19571344

#SPJ4

6 0
10 months ago
Which of these items is a tax deduction?. a)cash awards. b)interest from bonds. c)interest on a home mortgage
wolverine [178]
C)interest on a home mortgage
5 0
3 years ago
Uncle John's Pipe Company has been experiencing several years of financial difficulty and, thus, has considered maintaining its
Iteru [2.4K]

Answer:

The value of its common stock is $29.41

Explanation:

As the Dividend payment is for indefinite period of time, This is the perpetuity payment. The value of share can be determined  by calculating the present value of perpetuity payment.

The formula for the present value of perpetuity is as follow

Present value of perpetuity = Cash flow / Required Rate of return

In this case the present value of perpetuity is the value of stock cash flows is The dividend payment.

Value of Stock = Dividend / Required Rate of return

Value of Stock = $2.5 / 8.5%

Value of Stock  = $29.41

6 0
3 years ago
Read 2 more answers
What is the study of the ways in which money is created and used in society?
arlik [135]
Choice B. Economics is the study of the ways in which money is created and used in society.

Hope this helps and have a great rest of the day!! :)
4 0
2 years ago
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