To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.
<h3>What is Journal entry?</h3>
A journal entry exists as an act of keeping or creating records of any transactions either economic or non-economic. Transactions exist listed in an accounting journal that indicates a company's debit and credit balances. The journal entry can consist of several recordings, each of which exists either a debit or a credit.
A journal entry exists as a record of the business transactions in the accounting books of a business. A properly recorded journal entry consists of the correct date, amounts to be debited and credited, an explanation of the transaction, and a unique reference number. A journal entry exists as the first step in the accounting cycle.
Hence, To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.
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Answer:
The biological parents
Explanation:
The neighbour is just showing kindness
<h2>The purpose of an executive summary is to represent briefly the most important elements of your report including the key findings and conclusions.</h2>
Explanation:
Executive summary:
- To highlight the main feature thus catching the attention of readers to learn more on it.
- It should state the purpose of the report which is mandatory
- It should also contain the results and recommendation too
- It is just a overview of the important findings
- The report should be presented in such a manner that the reader does not get bored
- This can also be called as synopsis
To promote economic growth, countries would most likely act so that inflation : Remain at low level.
High inflation could potentially rise the average prices of the products within the country. In order to grow, people have to able to sustain a strong financial condition, so a condition where average prices is low is far more favourable.
hope this helps
Positive economics encourages value judgments False
This is further explained below.
<h3>What is positive economics?</h3>
Generally, positive economics is simply defined as describing a particular approach to the study of economics. Many economists base their forecasts on past and present events inside an economy.
In conclusion, In a nutshell, a flourishing economy does not promote moral judgments.
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