Answer:
The correct option is that it reveals when customer intends to pay outstanding balances
Explanation:
Such analysis of separate accounts receivable information for each customer, no doubt,shows how much credit purchases individual customers have made in order to see at a glance the amount receivable from them individually.
Also,the amount paid thus far is also shown alongside the total credit purchase amount in order to arrive at customers' outstanding balances that the company to chase in order to ensure a liquid cash position overall.
However, the analysis does not include information on when customers intend to make payment but rather includes the dates payments are expected from customers i.e due dates
Answer:
Accrued revenues for the first year: $ 454.5
Explanation:
1,818 is the value of 36 months of subscriptions.
Therefore, the value of a month is $ 1,818 / 36 months = $ 50.5
Garcia will recognize revenue as time past, each month will accrue a month of earnings.
For the first year will accrued from April 1st to December31th
That is 9 months:
50.5 per month x 9 months = 454.5
<span>Many technology companies and companies in general have what can be referred to as an employee agreement to terms of employment. This document reviewed and signed by management and employee at the time of will clearly outline the both parties the consequences for poor performance by an employee during their probationary period.</span>
Answer:
To Determine
Job order costing
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
View image for journalized entry.
<u>Dissent rights </u>are the rights of shareholders who object to a proposed merger to have their shares valued by the court and receive cash payment of this value from the corporation.
Explanation:
<u>Dissenters' rights </u>are considered to be a part of a state corporate law that gives a corporation's shareholders the right to receive a cash payment for in lieu of the fair value of their shares in case of a acquisition or merger they did not agree to.
Previously <u>mergers and acquisitions </u>required a unanimous vote in their favor from the shareholders of the company. State legislation took away this right, but in turn, gave the shareholders the right to receive the cash payment in lieu of their shares .
As per the <u>appraisal rights</u>, a dissenting shareholder who objects to an transaction such as a merger or consolidation can have his or her shares of the pre-merger or pre-consolidation corporation appraised (valued), and be paid the fair market value of his or her shares by the pre-merger or pre-consolidation corporation.