The answer is (C) Helps point to a set of actions that should occur
Answer and Explanation:
The journal entry is shown below;
Cash $656,600
Factoring charges (2% of $670,000) $13,400
To Trade Receivables $670,000
(Being recording these receivables)
Here cash and factory charges is debited as it increased the assets and expense while the trade receivable is credited as decreased the assets
Answer:
c. $50,000
Explanation:
The investing activities of cash flow deals with the actual cash received/paid by the entity/corporation from the investing activities. Since in the given question, the actual cash received by the entity from the sale of lands amounts to $50,000, therefore the $50,000 shall be included in the investing activity section of the Cash flows from the sale of land and accordingly the answer shall be c. $50,000
Answer:
Blastoff (feat. Juice Wrld & Trippie Redd)Internet Money, Juice WRLD, Trippie Redd • B4 The Storm.
Explanation:
that one ok
