A. Volume........................................................
Answer:
D) A credit to Other Financing Sources for $5,000
Explanation:
Since cash is received, you must record the $15,000 in the cash account. The accumulated depreciation account must be closed, and since accumulated depreciation has a credit balance, it is closed by debiting it. Equipment is an asset account with a debit balance and it also must be closed, ans you do that with a credit.
Other financing sources is used to record non-revenue items such as proceeds from loans, leases, sales of bonds or notes, insurance recoveries, etc., not the sale of assets.
So as for a cause to be taken into consideration a sales prospect, the leaders needs to have a want for the salesperson's product. False
A sales prospect is a person who's a capable customer of your service or product. however, a prospect has now not yet engaged along with your enterprise or entered the sales procedure.
A good income prospect is one that you can attain easily. You ought to be able to speak with that man or woman and decide if they are in shape and have an appropriate consumer profile. They must also be in a role to obtain your merchandise if you make a sale.
Potentialities are feasible clients, and prospecting is finding possible clients. income reps use prospecting to make bigger the dimensions in their potential client base.
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Answer: Kroll cannot repossess the typewriter from the neighbor.
Explanation:
Based on the information given in the question, we can infer that Kroll cannot repossess the typewriter from the neighbor.
According to the UCC 9-320(b), when an individual purchases a particular consumer good in a situation whereby the individual isn't aware of the security interest and also when a financial statement wasn't filled, then the buyer is free from the security interest.
In this situation, even though a security agreement that complied with the UCC was pre-pared, but no financing statement was ever filed fort the transaction, this implies that Kroll cannot repossess back the typewriter as no financial statement was filed.
That should be false because it says never and the person is student