subject
Business, 01.10.2019 03:10 kittylover613

In late august, a company provided one of its customers with services worth $500; however, the company does not expect payment from the customer for those services until early september. what adjustment should the company make in august to denote this delivery of services?
a : the company should decrease both accounts receivable and service revenue for $500.
b : the company should decrease accounts receivable for $500 and increase service revenue for $500.
c : the company should increase both accounts receivable and service revenue for $500.
d : the company should increase accounts receivable for $500 and decrease service revenue for $500.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
question
Business, 22.06.2019 20:50
How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products
Answers: 1
question
Business, 22.06.2019 22:30
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
question
Business, 22.06.2019 22:40
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
Answers: 1
You know the right answer?
In late august, a company provided one of its customers with services worth $500; however, the comp...
Questions
question
Mathematics, 27.10.2020 18:50
question
Mathematics, 27.10.2020 18:50
question
Mathematics, 27.10.2020 18:50
Questions on the website: 13722363