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Kobotan [32]
3 years ago
11

After posting the adjusting entry to record revenues for which the seller has performed of its obligations but has not yet colle

cted, which account will be increased?.
Business
1 answer:
Naya [18.7K]3 years ago
7 0

         The <u>account receivables</u> must be increased after which the adjusting entry to record revenues has been posted provided that the seller has performed its obligations but not yet received.

<h3>What are account receivables?</h3>

Accounts receivable is the amount of money owing to a company for products or services provided or utilized but not yet paid for by consumers.

Accounts receivables are indeed a current asset on the balance sheet.

Therefore, we can conclude that the <u>account receivables</u> must be increased after which the adjusting entry to record revenues has been posted provided that the seller has performed its obligations but not yet received.

Learn more about account receivables here:

brainly.com/question/24871345

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Purchase-Related Transactions The Stationery Company purchased merchandise on account from a supplier for $14,500, terms 2/10, n
vazorg [7]

Answer:

10,780

Explanation:

Cash required for payment

= Net purchases * (100-discount)%

= (14,500-3,500) * (100-2)%

= 10,780

B) Inventory

As the asset has to be reduced

6 0
3 years ago
A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $900,000 with an estimated useful life of 1
gavmur [86]

Answer:

depreciation expense 2017 = $180,000

depreciation expense 2018 = $144,000

depreciation expense 2019 = $115,200

Explanation:

purchase cost $900,000

estimated useful life 10 years

depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost

depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000

depreciation expense 2018 = 2 x 1/10 x $720,000 = $144,000

depreciation expense 2019 = 2 x 1/10 x $576,000 = $115,200

8 0
4 years ago
In the shooting of a movie, if something does not go according to script, which member of the team is least likely to notice?
Aloiza [94]

Answer:

A. Cinematographer

Explanation:

They film the movie not read the script.

4 0
3 years ago
After surviving an ischemic stroke, a 79-year-old male has demonstrated significant changes in his emotional behavior, with his
zepelin [54]

Answer: Option (D)

Explanation:

The individual has shown significant alteration in his emotional attitude, he has been going through mood swings. Therefore his immediate response is empathy , anger and sadness. This when analyzed by his care team , they would most likely attribute such changes to ischemic alteration in elements of the individual's limbic system. Since the limbic system controls the rudimentary emotions such as fear, anger and pleasure.

4 0
3 years ago
The combination of debt financing and equity financing that maximizes a firm's value is known as its:
ohaa [14]

Answer:

optimal capital structure

Explanation:

optimal capital structure can be regarded as a combination of

of debt and equity financing which brings about maximization of amarket value in a firm. It should be noted that optimal capital structure is the combination of debt financing and equity financing that maximizes a firm's value.

5 0
3 years ago
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