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LUCKY_DIMON [66]
2 years ago
5

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

questions.
Online Content: Site 1

Why should creating an emergency fund be a top priority?
Business
2 answers:
Sindrei [870]2 years ago
8 0
Kaiejrb s akalwlejx. Z z snjshdvdbz a bend xcsnsnsbhinbdvxb a zip
Lesechka [4]2 years ago
7 0

Creating an emergency fund should be a top priority, because you need to have extra money in case an emergency comes up that requires money.

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During 2018, its first year of operations, Pave Construction provides services on account of $154,000. By the end of 2018, cash
seraphim [82]

Answer:

Bad debts expenses                                        Debit                $ 11,750

Allowance for uncollectible receivables        Credit                                $ 11,750

Explanation:

The allowance for uncollectible accounts receivables balances are calculated as a percentage of the receivable balance.

The receivable balances as at December 31, 2018 is

Services provided on account                          $  154,000

Cash collections received                                 <u>$  107,000</u>

Receivables from services uncollected           <u>$    47,000</u>

Estimated percentage considered uncollectible     25 %

Allowance for uncollectible accounts   $ 47,000 * 25 % = $ 11,750

6 0
3 years ago
HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends?
Amiraneli [1.4K]

Answer:

ok I will send bro gg bye

5 0
3 years ago
Read 2 more answers
Suppose the government increases the corporate income tax rate. this is
ExtremeBDS [4]
<span>part of a contractionary fiscal policy</span>
3 0
3 years ago
Whispering enters into a licensing agreement with Pang Pharmaceutical for a drug under development. Whispering will receive a pa
777dan777 [17]

Answer:

Transaction price of the arrangement for Blair Biotech is $10,000,000.

2) Journal Entries for Blair.

Date Accounts Debit$ Credit$

12/20/2017 Accounts Receivable $10,000,000

License Revenue $10,000,000

01/15/2018 Cash $10,000,000

Accounts Receivable $10,000,000

Explanation:

8 0
3 years ago
The operating cycle of a company is the average time that is required to go from cash to.
gayaneshka [121]

A company's operating cycle refers to the average time that is required to go from cash to: cash in producing revenues.

<h3>What is an operating cycle?</h3>

An operating cycle can be defined as the average time that it takes a company or business organization to buy goods, sell these goods and generate revenue (cash) from the sales of the goods.

This ultimately implies that, an operating cycle is simply the average time that is required to go from cash to cash in producing revenues, especially from the sales of the goods.

Read more on here: brainly.com/question/16945776

3 0
2 years ago
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