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quester [9]
3 years ago
10

The amount of accounts receivable that is actually expected to be collected is known as the:a.uncollectible accounts expense. b.

present value of accounts receivable. c.net realizable value.d.allowance for doubtful accounts.
Business
1 answer:
scoundrel [369]3 years ago
3 0

Answer:

Net realizable value.....Option C

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3 years ago
Transactions Interstate Delivery Service is owned and operated by Katie Wyer. The following selected transactions were completed
nalin [4]

Answer:

1. Transaction: Received cash from owner as additional investment $18,000

Accounting equation element: Asset and Equity

Direction: Cash increases Equity increases

Account:  Cash and Wyer capital

2. Transaction: Paid advertising expenses $4,850

Accounting equation element: Asset and equity

Direction: Cash decreases Equity decreases

Account:  Cash and equity

3. Transaction: Purchase supplies on account $2,100

Accounting equation element: Asset and Liability

Direction: Asset increases Liability increases

Account:  Supplies and Accounts payable

4. Transaction: Billed customers for delivery services on account $14,700

Accounting equation element: Asset and Equity

Direction: Asset increases Equity increases

Account:  Accounts receivable and equity

5. Transaction: Received cash from customers on account $8,200

Accounting equation element: Asset and Asset

Direction: Cash increases and accounts receivable decreases

Account:  Cash and accounts receivable

5 0
3 years ago
Which of the following items would be subtracted from net income when reporting cash flows from operating activities, using the
BigorU [14]

Answer:

The correct answer is Increase in accounts payable and unearned fees.

Explanation:

An account payable consists of a debt incurred by the company directly related to the economic activity of the company. An account payable is a debtor account in a company and indicates that it has to pay its suppliers (or other creditors).

The amounts that are accounted for as accounts payable come from the purchase of goods or services in terms of credit. So, accounts payable are similar to credits with the difference that banks are not involved.

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3 years ago
Andres and Lakeisha are married and file jointly. Andres is 72 years old and in good health. Lakeisha is 62 years old and blind.
PIT_PIT [208]

Answer: $26,600.

$26,600 = $24,000 + ($1,300 × 2). The married joint standard deduction is increased for $1,300 for each blind and/or taxpayer age 65 by year-end.

Explanation:

8 0
3 years ago
Dear Ms. Clinton: We have a problem. The other day I saw one of my coworkers loading boxes into the trunk of her car. I offered
Novosadov [1.4K]

Give more specific information, including dates and names.

Answer: Option B.

<u>Explanation:</u>

Since the situation that has been talked about in the question is a situation in which a doubt is shown on one of the employees of the organisation. This situation needs to be studied further and it is to investigated to reach to a conclusion and punish the culprit involved in it.

But to catch the culprit, the investigation is to be done properly and for that certain very important evidences are to be provided which would lead the investigation. So you should for that reason provide the date, the name of the employee, the time and so on.

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