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weeeeeb [17]
4 years ago
13

A cash payment received from a customer for a product purchased on account would be recorded as...

Business
1 answer:
photoshop1234 [79]4 years ago
8 0
A cash payment received from a customer for a product purchased on account would be recorded as DEBIT TO CASH AND CREDIT TO ACCOUNT RECEIVABLE.  Cash is debited because cash has been received by the company and it has to be debited to the asset account of cash. The account receivable is credited to record the fact that money has been received. 
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Assume that Linda deposits in her checking account the $1,000 cash she was keeping at home for an emergency. If the required res
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Answer:

The answer is $5000

Explanation:

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3 years ago
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Answer:

M-commerce

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In the space below, explain how you can access the character map in Word 2016 using a complete sentence.
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Answer:

Following are the solution to this question:

Explanation:

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5 0
3 years ago
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Which entity is a public good?
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The Miitary!!!!!!!!!
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In 2019, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. R
xeze [42]

Answer:

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3 years ago
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