Answer:
Dr Cash/Bank $2,250
Cr Account Receivable $2,250
Step-by-step explanation:
At the time the transaction was carried out, that is the previous month, the accounting entries was a debit to account receivable (client account) and a credit to sales account. which is as shown below:
<em>Dr Account Receivable $2,250</em>
<em>Cr Sales $2,250</em>
<em>Being sales on credit to a client.</em>
The client account will have an outstanding debit balance of <em>$2,250 </em>until payment is made. once payment is made, the following entries will be made to ensure no outstanding balance in the client account.
Dr Cash/Bank $2,250
Cr Account Receivable $2,250.
Answer:
8 and -8
Step-by-step explanation:
0-8= -8
0+8= 8
Both 8 jumps from 0
Answer:
5
jk 4
Step-by-step explanation:
Answer:
Yes, Kedir made profit.
Step-by-step explanation:
0.30 x 200 = 60 Birr
60 Birr is more than 50 Birr
He made profit of 10Birr, which is 20% of 50 Birr
