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slamgirl [31]
2 years ago
9

Billed a customer 4500 for work completed to date log as what on t-account

Business
1 answer:
anygoal [31]2 years ago
5 0

Answer:

On t-account, it will be logged as Accounts Receivable $4,500 and Service Revenue $4,500.

Explanation:

a) Data and Analysis:

Accounts Receivable $4,500 Service Revenue $4,500

b) The company's assets have been increased by $4,500, and its Equity has been increased by $4,500 (through Service Revenue in Retained Earnings).  When the customer pays for the work completed, the Cash account will be debited and the Accounts Receivable credited.

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Answer:

Manager gives a subordinate an unwarranted compliment instead of honest criticism.

Explanation:

Filtering is when the sender manipulates the information so its received more favorably. A compliment instead of an honest critique is an example of this. It doesn't help the employee improve.

6 0
3 years ago
Which of the following is NOT true of the cash conversion​ cycle?
faltersainse [42]

Answer:

C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle

Explanation:

At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.

Cash conversion cycle (CCC) describes the amount of days a company requires  to convert its investments into cash flows from sales.

Production Cycle​ and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.

The alternative C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle is NOT true

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2 years ago
In the widget market, it is known that producers are relatively responsive to price changes, as compared to consumers.The govern
Usimov [2.4K]

Answer:

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Explanation:

Whenever the taxes are imposed in the form of extra charge added to the  cost of producing any product, then that tax is added to the cost of such product.

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Accordingly the consumers are the ultimate people who bear such increase or addition of taxes to the products.

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Answer:

<u>no</u>

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3 0
3 years ago
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Answer: Proctor & Gamble would be a user of Foreign media. D is the correct answer.

Explanation:

Since Proctor & Gamble advertise in more than 180 countries they will be using foreign media to advertise their brand. Each country will have different rules and regulations for what can be advertised such as wording and content in commercials. In the United States, companies must comply with the FTC rules and regulations.

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8 0
3 years ago
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