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ExtremeBDS [4]
3 years ago
10

Accounts receivable: Select one: A. are reported on the income statement. B. arise from the purchase of goods or services on cre

dit. C. will be collected within the discount period or when due. D. are amounts owed to a business by its customers.
Business
1 answer:
Elena-2011 [213]3 years ago
5 0

Answer:

Option (D) is correct.

Explanation:

Accounts receivables refers to a term that is used by the businesses when a company sells the goods on account or credit to its customers and customers promise to pay this amount at a later date. The accounts receivable is shown under the current assets. When a company receives the amount of receivables then it will increases its cash and decreases the accounts receivables.

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Use this information for ABC Corporation to answer the question that follow. ABC Corporation has three service departments with
serg [7]

Answer: See explanation

Explanation:

The question is:

1. What is the service department charge rate for Graphics Production?

a.$10.00

b.$2.00

c.$0.50

d.$6.66

The service department charge for Graphics Production will be calculated by dividing the cost of graphic production by the total number of copies that are made. This will be:

= $200000/(20000 + 30000 + 50000)

= $200,000 / 100,000

= $2 per copy

2. How much service department cost will be allocated to the Micro Division?

a.$200,000

b.$145,000

c.$345,000

d.$60,000

The service department cost that is allocated to the Micro Division will be calculated as:

= [20000 x ($200000/100000)] + [700 x ($500000/2000)] + [130 x ($400000/400)]

= (20000 × 2) + (700 × 250) + (130 × 1000)

= $40000 + $175000 + $130000

= $345000

7 0
2 years ago
The British government increased the national debt from $75 million to $133 million by borrowing from ________ and British banke
Tpy6a [65]

The British government borrowed from the Dutch and British bankers and this increase its national debt from $75 million to $133 million.

<h3>What is a national debt?</h3>

This means the total amount of all debts owed by the government of a country.

These debt are used to service infrastructure, cater expenditure when there are insufficient revenue to cater for such.

Therefore, the British government borrowed from the Dutch and British bankers.

Read more about national debt

<em>brainly.com/question/4371750</em>

8 0
2 years ago
Whick of the following terms applies to the way that society as a wholr earns and spends money?
VikaD [51]
It's impossible to choose a correct option as you've not attached any of it. Anyway I think that you mean the term which is called <span>APPROVED BUDGET.</span>
8 0
3 years ago
When the demand curve shifts to the left and all else is held constant, the equilibrium price ________ and the equilibrium quant
rewona [7]

When the demand curve shifts to the left and all else is held constant, the equilibrium price <u>falls</u> and the equilibrium quantity <u>falls</u>.

<h3>The types of chart.</h3>

In Economics, there are two main types of chart that can be used to illustrate the relationship between the total quantity of goods or services that are demanded by consumers and the total quantity of goods or services that were supplied by a manufacturer (producer) at a particular price and these include the following:

  • Supply schedule
  • Demand schedule

<h3>What is an equilibrium?</h3>

An equilibrium can be defined as the point on a supply and demand chart where the demand curve and the supply curve intersect.

In conclusion, the equilibrium price and the equilibrium quantity would <u>fall</u> when the demand curve shifts to the left and all else is held constant.

Read more on equilibrium here: brainly.com/question/2000166

#SPJ1

6 0
2 years ago
He idea underlying maslow's hierarchy of needs is that the needs at the top of the pyramid must be satisfied before one can conc
lana66690 [7]
True i hope this helps you 
7 0
3 years ago
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