Answer: Entrepreneurial ability
Explanation:
A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.
B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.
C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.
D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.
Hence we can conclude that Cecil Rhodes played entrepreneurial ability.
Answer: Debit Accounts receivable for $600.
Explanation:
The customer had not been billed so that means that they still owe the company. This would make them an accounts receivable so the adjusting entry will have to debit the Accounts Receivable account for $600 to show that it is increasing.
This amount will be credited to the Accrued revenue account to show that the cash has not yet been received.
Answer:
$80,160.
Explanation:
An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.
According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is
86,500 + 404,000 - 408,000 - 2,340
