Answer:
so they can have more attention to the logo and more people will under stand what itd be
Explanation:
Answer:
Yes is True that when a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determine because the nondiscount takers paying earlier will reduce the accounts receivable investment, while the new customer accounts will increase this investment.
Explanation:
Accounts Receivable is any amount of money owed by customers for purchases made on credit. It is an asset account on the balance sheet since it is money due in the short run.
As a current asset, Accounts Receivable is an important aspect of a businesses' fundamental analysis used to measures a company's liquidity or ability to cover short-term obligations without additional cash flows.
Accounts receivable Investment will be reduced if the firm initiates or increases a cash discount.
Answer:
no it's was not because we don't add
Answer:
The answer is $1,566.67
Explanation:
The formula for Straight line depreciation is:
Cost of an asset - [residual (salvage) value] ÷ number of useful of the asset.
Cost = $31,900
Salvage value = $3,700
Useful number of years = 6 years
=($31,900 - $3,700) ÷ 6
$4,700.
The depreciation for a year is $4,700.
But September 1 to December 31st is 4 months.
Therefore, the company should recognize
$1,566.67[($4,700 ÷ 12months) x 4months] as depreciation expense on December 31, Year 1
Answer:
Direct expenses
Explanation:
Direct expenses are defined as costs incurred by a business that are directly traceable to a cost object or business entity.
Some overhead cost for example is directly attributable to a particular department, so this is a direct cost.
Some examples of direct expenses are cost of raw materials, direct labour, customer service, transportation cost of goods from a supplier, and so on.