Answer: D because it is D
Answer:
The correct answer is Debit Unearned Plowing Revenue
Explanation:
Earlier the journal entry would be recorded as:
Cash A/c.................................................Dr $4,000
Unearned Plowing Revenue A/c..............Cr $4,000
But the correct entry that should be recorded is:
Cash A/c.................................................Dr $4,000
Plowing Revenue Earned A/c..............Cr $4,000
So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.
Answer:
The adjusted balance is equal to the estimate of the uncollectible accounts receivable.
Explanation:
Receivable in economics is simply whenbusiness sells goods or services to another party on account usually on credit. It is also known as a monetary claim usually against a business or an individual.
Accounts receivable
Is simply defined as the power to the right to receive cash in the future from customers for goods or services performed. They can be called claim of right, exchange consideration, and a claim for the future.
The supplementary record that contains information on each customer is the accounts receivable ledger.
The goal for the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance making the adjusted balance is equal to the estimate of the uncollectible accounts receivable.
The answer would be A. Fax machines
In the resource market we find the materials required for production.
<h3>What is resource market?</h3>
The resource market refers to a market where it is possible to find all or some of the resources that are necessary for the production of goods and services.
Businesses depend on the resource materials for the supply of materials that aid the process of production hence the both are interdependent on each other. It is different from product markets which involves the sale of finished goods to consumers.
Learn more about resource markets: brainly.com/question/3964664
