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3 years ago

What is the impact on the accounting equation when an accounts receivable is collected?

1 answer:

5 0

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Answer for your question!

Because one asset increases and another decreases by the same amount, the accounting equation remains unchanged and in balance, suggests Principles of Accounting. For example, if you collect $100 from an account receivable, cash increases by $100 and accounts receivable decreases by $100.

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True or False: Potential customers and non-potential customers are mixed together in the marketplace, so it is impossible to ens

Jobisdone [24]

The marketplace is full of both potential and non-potential customers which makes this statement <u>True</u>.

<h3>Are both potential and non-potential customers in the market?</h3>

The market does indeed have both potential customers for a product and non-potential customers who would not want to buy the product.

As a result, it is not possible to directly market to only potential customers, but to the entire marketplace.

Find out more on potential customers at brainly.com/question/3053467.

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2 years ago

Which of the following statements is true regarding the cumulative translation adjustment? Select one: Changes in the cumulative

vaieri [72.5K]

Answer:

The true statement is "The cumulative translation adjustment account affects the amount of gain or loss reported upon the sale of a foreign subsidiary".

Explanation:

The current technique needs that each one quality and accountability books be interpreted at this rate whereas shareholders’ justice accounts are interpreted at ancient altercation rates. The distinction is mirrored finished the additive conversion alteration, therefore the quantity of improvement or loss according upon the auction of a distant secondary to the additive conversion alteration.

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3 years ago

What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta

Airida [17]

Answer:

1. Reducing the randomness of your approach

Explanation:

Reducing the randomness of your approach guides your entry and closing points

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3 years ago

An employee is given a formal written warning for an offense he has committed. Despite this, he proceeds to commit another offen

galben [10]

Answer:

temporary suspension and maybe an Improvement Plan.

Explanation:

Based on the scenario, if the company has adopted a progressive discipline program then the according response would be a temporary suspension and maybe an Improvement Plan. This is because a progressive discipline program follows the following steps accordingly.

1) Verbal Counseling. The first step in a progressive discipline process is to merely have a conversation with the employee. ...

2) Written Warning. The second step should be another conversation that is documented in a written format. ...

3) Employee Suspension and Improvement Plan. ...

4) Termination.

Seeing since step 2 has already been done the next course of action would be step 3.

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3 years ago

Read 2 more answers

Identify and explain two dufference between the public sector and private sector

olga nikolaevna [1]

Public Sector: the part of an economy that is controlled by the government.

( The government controls the income, and everything part of a business)

Private Sector: the part of the national economy that is not under direct government control.

( Sometimes referred to as " a citizen run business" in which a citizen makes all the choices and decisions for what is best for their business)

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3 years ago