1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
14

At June 1, 2022, Massoth Industries had an Accounts Receivable balance of $18,000. During the month, the company had credit sale

s of $25,000 and collected Accounts Receivable of $27,000. What is the balance in Accounts Receivable at June 30, 2022
Business
1 answer:
SOVA2 [1]3 years ago
4 0

Answer:

$16,000

Explanation:

Calculation to determine the balance in Accounts Receivable at June 30, 2022

Accounts Receivable balance $18,000

Add Credit sales $25,000

Less Accounts Receivable ($27,000)

Balance in Accounts Receivable $16,000

($18,000+$25,000-$27,000)

Therefore the balance in Accounts Receivable at June 30, 2022 is $16,000

You might be interested in
The amount of a real estate broker's commission is
zvonat [6]

In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

8 0
2 years ago
a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250
BlackZzzverrR [31]

Answer:

since there is not enough room here I used an excel spreadsheet

Explanation:

Download pdf
6 0
3 years ago
Selling a product abroad for less than the cost of production is referred to as
sweet-ann [11.9K]
The answer would be A because they are basically dumping  the product on the other country
3 0
3 years ago
Can I Plss get some help on this
AlladinOne [14]

The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.

<h3>What is the law of supply?</h3>

The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.

To learn more about the law of supply, please check: brainly.com/question/26374465

#SPJ1

7 0
1 year ago
If the quantity supplied is the same regardless of price then the supply curve would be:___________
Eva8 [605]

Answer:

perfectly inelastic

Explanation:

A supply of the product is considered to be perfectly inelastic in situations whereby the changes in the price of a commodity do not affect the quantity supplied, then such a supply curve is termed as perfectly inelastic. It is often depicted as a vertical line at the quantity supplied against all the prices in a graphical representation form.

Hence, If the quantity supplied is the same regardless of price then the supply curve would be: PERFECTLY INELASTIC

7 0
3 years ago
Other questions:
  • Multinational financial management requires that
    13·1 answer
  • Which of the following is an example of an accrual? A : Record Revenues that were received in cash in an earlier period. B : Rec
    5·1 answer
  • A company must account for a contract modification as a new contract if the:
    6·1 answer
  • If the economy experiences a recession with a current spending gap $1,000 below full-employment output, and the marginal propens
    5·1 answer
  • Which of the following statements is false?
    5·2 answers
  • A problem in using the judgment by market structure criterion is that:
    12·1 answer
  • Holding all other things constant, an increase in the company's required return on investment (ROI) will affect:
    10·1 answer
  • Scott, a young professional, buys a new BMW, even though a Mercedes would have cost him less. Scott values the BMW brand. This i
    10·1 answer
  • A sale should always satisfy both a customer’s wants and his or her needs.<br><br> True<br> False
    6·2 answers
  • Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous becaus
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!