Answer:
(C) Cash
Explanation:
Receivables means deptors. These are obligations that has been honoured and value given, but you're yet to get cash. Receivables are seen as such. So the things you've given value to and you're yet to receive cash or payment for are receivables.
So when receivables are collected, then the asset account Cash is increased.
On the Delivery of goods or Services, the company debits Accounts Receivable and credits what is known as Sales Revenues or Service Revenues. When an account receivable is collected say 30 days later, the account receivables is reduced and the Cash or bank account is increased.
Answer:
<u>When making an outline, it is a good practice to:</u>
- Put the main idea in the title
- Have one main topic that does not relate to the title
- Strive for 3-5 major components
- Move single sub point to larger groups
- Allow sub points to overlap.
- Combine sub points whenever possible
Answer:
$23,500
Explanation:
Net income is arrived at by deducting relevant expenses for the year from the gross income for the year. In this question, sales income is used to represent gross income. The net income can therefore be calculated as follows:
Net Income = Sales income - Expenses other than rent and interest - Rent - Interest
Net Income = $66,000 - $40,000 - [$45,000 × (1/18)] - 0
= $66,000 - $40,000 - $2,500 - 0
= $23,500
Therefore, net income is Yolanda's net income $23,500.
Note that [$45,000 × (1/18)] is used to calculate rent for only one which is December of the calendar year since the rent was paid for 18 months.
Answer : R11 & U44
Explanation:
Considering the aforementioned data on the small set of products that comprise the specialty repair parts division. After performing ABC analysis on the data. I would suggest R11 and U44 for the firm keep the least control.
There are rules to follow when making sales. If the buyer agent with minority buyers in his car approaches a scheduled showing only to see a Confederate flag flying from the front porch, the agent should;
- Consult with the buyers and determine whether they want to proceed.
<h3>What is the response of a listing agent who approaches a potential listing?</h3>
The response of a listing agent who approaches a potential listing only to find a Confederate flag flying from the front porch is that;
- He should ask the seller if the flag stands for his racial prejudice and later ask that it should be removed.
Real estate agents are known to be business people and so thy are not social engineers. But if the agent believes the flag stand for racist attitudes that will hinder or enter the transaction and result in lowering of interest in the property, it is best to stop the listing.
Learn more about buyer agent from
brainly.com/question/16945348
