Business
Business, 14.04.2020 20:56, michaelmontoya68

Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the bank by choosing the correct entry below. a. Debit Cash $1,000 and credit Notes Payable $1,000. b. Debit Notes Receivable $1,000 and credit Cash $1,000. c. Debit Cash $1,000 and credit Accounts Receivable $1,000. d. Debit Cash $1,000 and credit Notes Receivable $1,000.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 14:30, savannahvargas512
John f. kennedy believed that a leader should be elected successful a lifelong student in the military
Answers: 3
image
Business, 21.06.2019 21:30, divadebbgirl1
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations. issued 2,900 shares of $0.01 par value common stock to investors for cash at $29 per share. borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years. paid $1,000 for the current month's rent of a warehouse and another $1,000 for next month's rent. paid $1,440 for a one-year fire insurance policy on the warehouse (recorded as a prepaid expense). purchased furniture and fixtures for the warehouse for $16,000, paying $3,200 cash and the rest on account. the amount is due within 30 days. purchased for $2,800 cash the university of pennsylvania, notre dame, the university of texas at austin, and michigan state university baseball caps as inventory to sell online. placed advertisements on google for a total of $340 cash. sold caps totaling $1,900, half of which was charged on account. the cost of the caps sold was $1,100. (hint: make two entries.) made full payment for the furniture and fixtures purchased on account in (e). received $280 from a customer on account.
Answers: 2
image
Business, 22.06.2019 10:00, joy8348
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
image
Business, 22.06.2019 11:10, AM28
Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy. b. this is a negative response strategy. c. this is a response strategy for either positive or negative risk known as contingency planning. d. this is a response strategy for either positive or negative risks known as passive acceptance.
Answers: 2
Do you know the correct answer?
Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the...

Questions in other subjects:

Konu
Mathematics, 13.08.2020 23:01
Konu
Mathematics, 13.08.2020 23:01