Business, 25.03.2020 02:06 carrieaj08

On April 30, Victor Services had an Accounts Receivable balance of $40,000. During the month of May, total credits to Accounts Receivable were $76,000 from customer payments. The May 31 Accounts Receivable balance was $33,000. What was the amount of credit sales during May

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:00

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Answers: 2

Answer

Business, 23.06.2019 01:30

Why would adjusting the money supply be expected to increase economic growth during a recession? a) increasing the money supply will encourage more saving. b) increased money supply will encourage more spending and investment. co) decreased money supply will encourage more spending and investment. d) recession is caused by too much

Answers: 3

Answer

Business, 23.06.2019 02:20

The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.

Answers: 2

Answer

Business, 23.06.2019 07:30

What criteria does a company have to meet to be considered a monopoly?

Answers: 2

Answer

You know the right answer?

On April 30, Victor Services had an Accounts Receivable balance of $40,000. During the month of May,...

Questions