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Tpy6a [65]
3 years ago
7

Acel Co. uses the allowance method to account for bad debts. Early in 2010, Acel determined that it could not collect $400 from

CTR, Inc. and wrote the balance off. On October 21, Acel received a check for $400 from CTR. The entries to record the receipt of cash on October 21 would include a debit to?
Business
2 answers:
Vikentia [17]3 years ago
4 0

Answer:

Accounts Receivable

Explanation:

Mashutka [201]3 years ago
4 0

Answer:

Accounts Receivables and Cash are debited

Explanation:

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10. Which of the following is NOT a trading instrument? *
bonufazy [111]

Answer:

b is the answer ur looking

Explanation:

you're welcome have a wonderful rest of your week God loves you and Merry Christmas

6 0
3 years ago
Waylon is back-to-school shopping with his mom at a large
Oduvanchick [21]
Waylon's Purchase will cost $198.05, and section B depends.

Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
4 0
3 years ago
In successful teams, some people play a task specialist role and put more of their energy into promoting the team’s performance
dem82 [27]

Answer:

1. socioemotional

2. task specialist

4 0
3 years ago
Read 2 more answers
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $5.80 dividend every year, in perpetuity. If thi
Mars2501 [29]

Answer:

The required rate of return is 7.20%

Explanation:

The price of the preferred stock share is the dividend which is divided through the required rate of return. It is the same as the model of the constant growth, with the dividend growth rate of the 0%.

This is the special case of the model of the dividend growth where the growth rate is 0 and the level of perpetuity.

So, using the equation, compute the price per share of the preferred stock as:

Rate = Dividend (D) / Price (P0)

where

Dividend is $5.80

Price (P0) is $80.50 per share

So, putting the values above:

Rate = $5.80 / $80.50

Rate = 7.20%

8 0
3 years ago
Which of the following accurately explain the impact of an unexpected shift to a more expansionary monetary policy under rationa
skad [1K]

Answer:

D and B

Explanation:

Rational expectation will include the present as well as the past trend to build the future expectations. So, presence of unexpected expansionary policy, will make them build expectations of the future. But, adaptive expectations relies on the past information. It means that inflation actually happened, when make people to adapt the future expectation.

3 0
3 years ago
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