1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Slav-nsk [51]
2 years ago
7

Pool Perfection provided pool maintenance services worth $1,600 during July; in June, the customers had paid in advance for thes

e services. During July, the company performed $1,000 of pool maintenance services, and in August, collected payment from those customers. Also, during July, the company accepted an order to perform $500 of pool maintenance services in August; the customers will pay for these services during August. The company uses accrual basis accounting. The Service Revenue account should be credited for:
Business
1 answer:
arlik [135]2 years ago
7 0

Answer:

$1,600

Explanation:

It is important to note that the company uses accrual basis accounting. The Service Revenue account should be credited for $1,600

You might be interested in
An analyst asked to perform a TCO analysis for a system would need to take into account
balu736 [363]
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
4 0
2 years ago
No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
olga nikolaevna [1]

Answer:

JOIN MY ZOOM  528-468-7585

Explanation:

7 0
2 years ago
A company enforces its ethical codes and policies by rewarding ethical behavior and punishing misconduct. Each month, the most e
Olenka [21]

Answer:

The rewards and punishment serve the purpose of motivating the employees.

Explanation: First of all, we must establish that companies should have set guidelines or principles on which they operate, especially when it comes to ethics and acceptable workplace behavior.

Secondly, we must acknowledge the fact that there is always a reward or consequence for our actions. Especially in the workplace where employees are constantly monitored.

Now, based on the Theory X of management that was developed by Douglas McGregor, which basically states that employees are unmotivated and unwilling to work, and as a result of this, they need to be constantly prompted, rewarded or punished to make sure that they complete their tasks.

So to answer the question, the rewards and punishments serve the purpose of motivating the employees to be of good conduct in the workplace, because if this is not done, bad behavior might spread throughout the company and this will cause further problems.

3 0
3 years ago
Alexandria has recently begun using social media, and frank asks you what can be done with the data that is being generated. wha
nexus9112 [7]

The best suggestion to give to Frank when he asked about what could be done with the data that is being generated is that the data may be of good use when the social media are being used in having to find out the customer’s recommendations and the ones that they are buying in which could be the common interest of buyers.

7 0
3 years ago
Read 2 more answers
As a firm's sales grow, its current assets also tend to increase. For instance, as sales increase, the firm's inventories genera
yanalaym [24]

Answer: True

Explanation:

Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.

It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.

6 0
3 years ago
Other questions:
  • Effect in the accounting equation when cash dividends are declared
    13·1 answer
  • A sweater is on sale for 40% off the original price of $68. the sales tax rate is 7%. what is the tax on the sale price?
    10·1 answer
  • 2. Julia is interested in knowing how many grams of protein she should have in addition to the calories from protein. She often
    7·1 answer
  • A corporate charter specifies that the company may sell up to 20 million shares of stock. The company issues 12 million shares t
    7·1 answer
  • In regard to Project Work, which activity refers to reviewing the progress and capturing project performance data with reference
    5·1 answer
  • On January​ 1, 2018​, Alaska Freight Airlines purchased a used airplane for $ 44 comma 000 comma 000. Alaska Freight Airlines ex
    13·1 answer
  • An international distribution company has a shipping division, a warehouse division, and a computer hardware and software distri
    15·1 answer
  • A limit buy order is an order to buy if the stock price goes ___ a specified level; a stop buy is an order to buy if the stock p
    13·1 answer
  • Hi! I need help with this
    13·1 answer
  • Services from health care to education are provided to people by the government. This is an example of _____.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!