Answer:
C.Principal
The amount of the loan is called the principal, and the extra amount they charge you to borrow the money is called interest.
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Answer: a) call his manager
Explanation: he should call his manager and take a day off to go see his doctor.
Answer:
$3,620
Explanation:
Accounts receivable at the beginning + recorded credit sales -accounts receivable written off -ending balance accounts receivable.
Therefore:
$690+$3,200-$100-$170 =$3,620
As widgets Inc. makes a $300 on Widhets, Inc. makes a $300 account sales to custom motors. The sale will be recorded in the Accounts Receivable subsidiary ledger as a $300 debit.
<h3>What do you mean by accounts receivable subsidiary ledger?</h3>
An accounts receivable subsidiary ledger refers to an accounting ledger showing transactions and payment history of customer to whom the business has provided some credit.
The accounts receivables subsidiary ledger provides detailed insight into the business. To record a credit sale, customer receivables account is debited and sales revenue account is credited.
Therefore, C is the correct option.
Learn more about accounts receivables subsidiary ledger here:
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