1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irga5000 [103]
3 years ago
10

On December 1, the Accounts Receivable account had a $5,000 balance. The business received $400 during the month from its charge

-account customer. After posting this transaction, the new balance in the Accounts Receivable account is_________.
Business
1 answer:
alex41 [277]3 years ago
7 0

Answer:

$4,600 debit balance

Explanation:

Provided that

The account receivable balance = $5,000

The amount received from  its charge-account customer = $400

So after posting this transaction, the new balance in the account receivable account is

= The account receivable balance - The amount received from  its charge-account customer    

= $5,000 - $400

= $4,600 debit balance

You might be interested in
John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
Alika [10]

Answer:

The correct answer is (a)- Parallel teams.

Explanation:

The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.

4 0
3 years ago
Reports how much the company is worth to the owners at the
SashulF [63]
I really want to say income statement
6 0
3 years ago
Morgan Company issues 9%, 20-year bonds with a par value of $750,000 that pay interest semiannually. The amount paid to the bond
Digiron [165]

Answer: $33750

Explanation:

First and foremost, we have to calculate the interest paid for the year which will be:

= $750000 X 9%

= $750000 × 0.09

= $ 67500

Therefore, the semi annual payment will them be calculated as:

= $67500 / 2

= $33750

7 0
3 years ago
Three partners are investing a total of 250,000 in a new cell phone repair shop.their investments are in the ratio of 3:5:12.how
Dahasolnce [82]
Let say A,B&C and the ratio is 3:5:12
3+5+12=20
250000divide by 20 = 12500
12500x3=37500
12500x5=62500
12500x12=150000
So A invested 37500
B invested 62500
C invested 150000
8 0
4 years ago
In one or two sentences, Explain how quantity supplied and price are related.
WARRIOR [948]
Hello!

The price rises when the quality rises, because the quality of the product depends on the quality of the feedstock.

Hugs!
7 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose the country of Lilliput exported 263 billion dollars worth of goods while they imported 477 billion dollars worth of goo
    11·1 answer
  • after all of your expenses are subtracted from your income, the money left over is known as your savings.
    14·1 answer
  • Outside directors are defined as
    13·1 answer
  • A corporate CEO wished to relay good news about the prospect of a new technology being created, but was reluctant to do so. Inst
    15·1 answer
  • Which law most likely prompted organizations to create codes of ethics and install ethics hotlines?
    9·1 answer
  • The charter of Vista West Corporation specifies that it is authorized to issue 213,000 shares of common stock. Since the company
    12·1 answer
  • Discuss how firms can benefit from (1) related diversification and also can benefit from (2) unrelated diversification. Discuss
    7·1 answer
  • 1. Approximately, what is the median wage for a<br> college graduate (all majors)?
    12·1 answer
  • You own one futures contract on gold that you purchased at a quoted price of 1,448.5. The current price quote is 1,405.5. The co
    13·1 answer
  • 3. Which is the correct order for making financial decisions? A) put goals in writing, rethink goals if necessary, have a plan o
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!