Answer:
$1,575
Explanation:
We will clasify the item "revenue" or "not":
- Received $1,050 cash for services provided to a customer during July -> yes, this is revenue
- Received $5,000 cash investment from Bob Johnson : not revenue
- the owner of the business Received $900 from a customer in partial payment of his account receivable which arose from sales in June: not revenue for July, but June which was booked in June revenue already
- Provided services to a customer on credit, $525: yes, this is July revenue though it's still on account receivable
- Borrowed $7,500 from the bank by signing a promissory note: not revenue
- Received $1,400 cash from a customer for services to be rendered next year: not July revenue, it's customer advace and might be next year revenue once services are completed
So the amount of revenue for July = Received $1,050 cash for services provided to a customer during July + Provided services to a customer on credit, $525
= $1,050 +$525
= $1,575
Answer:
$22,450
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance
Beginning bal. of Allowance for Doubtful Accounts ($21,600)
- Uncollectible Accounts Receivable written off <u>$32,700</u>
Adjustment of Allowance for Doubtful Accounts <u>$11,100 </u>
Accounts receivable balance at December 31 $11,350
+ Adjustment of Allowance for Doubtful Accounts $11,100 Adjustment to Allowance for Doubtful Accounts $22,450
at December 31, 2022
Answer: c. There is sufficient evidence to support the claim that the mean is greater than 23 miles per gallon.
Explanation:
When doing a research, there are 2 Hypothesis one must come up with which are the Null Hypothesis and the Alternative hypothesis.
The Null Hypothesis should state that there is no relationship between the variables which in this case would mean that new sedan, the Libra, will <em>not</em> average better than 23 miles per gallon in the city.
The Alternative Hypothesis on the other hand affirms the belief of the researcher which in this case is that new sedan, the Libra, <em>will </em>average better than 23 miles per gallon in the city.
As the null hypothesis was rejected by the evidence, it means that indeed the Libra mean is greater than 23 miles per gallon.
Answer:
i'm not sure this is the right place to ask him if you want to ask him in private
Explanation:
A because if you bought a car you would have good credit score
hope this helped
