The accounts receivable credit column of the cash receipts journal is "posted in summary at the end of the month and by individual amounts on a daily basis".
<u>Option: D</u>
<u>Explanation:</u>
In general ledger the sums in the debit and credit column are reported personally. The calendar of receivable accounts is lists of all clients 'accounts, account balances, and total amount due. Here the accounts receivable credit column are those in which the cash receipts journal column is the sums that are added separately to the receivable ledger accounts. Although debit column accounts payable are those in which cash payments journal column is the sums that are added separately to the accounts payable ledger.
Answer:
Explanation:
We don't have enough information to calculate the exact effect on the net operating income. For example, we will need the selling price and unitary variable costs. But we can calculate the effect on the fixed costs and selling variable costs.
Savings in fixed costs= $22,000
Increase in total variable costs= 13* 2400 units= $31,200
To decide whether it is convenient or not we need the information previously stated.
Answer:
the price of the.
Explanation:
the amount of another good a person is willing to give up to get one more taco. the amount of another good a person must give up to get one more taco
The thought of loosing money and being a failure is the one thing you must have confidence and start each day as if it was your last