An account receivable is created when ________. a. A customer pays its bill b. A company accepts
Question:
An account receivable is created when ________.
a. A customer pays its bill
b. A company accepts a credit card, such as VISA or MasterCard
c. A company sells to a customer on an open account
d. A company sells to a customer only on a cash basis
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Answer Option is correct D Accounts receivables are creates when a company lets a buy...View the full answer
Answered By
DIPAK BHOYE
"I am a M.sc (organic chemistry) from NMU India and also a BSc graduate from The University of NMU, india.
I have many years of tutoring experience and I enjoyed teaching all grades students. I have been tutoring with other tutoring sites also and has a very good circle of more than 500 students from USA UK India and some other from South Asia tool am doing one to one tutoring also and like to teach Reactions and mechanism all subjects specially network problem wisi etc and i also like tutoring physics.chemistry Maths and Chemistry subjects and i have also tutoring many students for SAT exam So love tutoring and can taught all grades student. Many of my students' parents message me that your lessons improved our children's grades . So loving tutoring. I love eating and that too of different cuisines. I made many self-papers for this exam which include the basics of chemistry and elementary of all chemistry topics. Initially I worked as a Research Associate at The University of NMU Maharashtra and While at The University I assisted professors with their research work, preparation of course material on corporate finance and equity analyst
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Delta Air Lines is a major passenger airline headquartered in the United States. Most Delta passengers purchase their tickets several weeks prior to taking their trip and use a credit card such as...
-
Company Case: Square: In Relentless Pursuit of a More Elegant Payment Experience It happened one day at an art fair. Jim McKelvey, an artisan who worked in handblown glass, had an admirer of his work...
-
In 2020, Neighbor Co-Op Inc. sells 1,100 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold. As of December 31, 2020, a total of 880 glass bottles were returned...
-
Find an expression for E(Yk) if MY(t) = (1 t/)r, where is any positive real number and r is a positive integer.
-
1. Review the five stages of customer loyalty shown in Figure 4-4 and prepare a report of about 200 words in which you classify MMB's customers. Estimate the percentage of MMB customers who fall into...
-
An advanced engineering computer was purchased for $\$ 22,750$ and its expected life is 4 years. It is estimated the company could sell the computer for $\$ 500$ after 5 years. Compute and compare...
-
Powers Rental Service had the following items that require adjustment at year-end. a. Earned $6,420 of revenue from the rental of equipment for which the customer had not yet paid. b. Interest of...
-
3. Suppose the market is wild; it is modeled by . (a) What is the value of a Call? (b) What is the value of a Put? (c) Explain both answers in terms of finance.
-
Five clowns each have a red wig and a blue wig, which they are all equally likely to wear at any particular time. Find the probability that, at any particular time: a. Exactly two clowns are wearing...
-
Jacksons Moonshine LLC has a receivables collection period of 47 days. Which the following would be reasonable conclusions? a. Jacksons Moonshine LLC is most likely experiencing serious liquidity...
-
A large retailer has more than $100 million of cash and cash equivalents on its balance sheet. Which of the following would not be part of the cash equivalents? a. Cash in banks (checking account...
-
Assume we fill a spherical balloon from a bottle of helium gas. The helium gas provides work PdV that stretches the balloon material S dA and pushes back the atmosphere Po dV. Write the incremental...
-
1. A car with a mass of 40 kg is on a roller coaster track It is moving up a track moving at a velocity of 10 m/s. What is its kinetic energy?
-
1. A block with a mass of 8 kg is placed on a inclined plane with an angle of inclination of 30 degrees. The coefficient of kinetic friction between the block and the surface is 0.2. a. Calculate the...
-
What role does language play in the transmission and preservation of cultural knowledge, values, and worldviews, and how do language ideologies intersect with notions of power and prestige?
-
An electric motor rotating a workshop grinding wheel at a rate of 248 rev/min is switched off. Assume constant angular decel- eration of magnitude 2.55 rad/s. Through how many revolutions does the...
-
Nowlin Pipe & Steel has projected sales of 29,400 pipes this year, an ordering cost of $6 per order, and carrying costs of $2.00 per pipe. a. What is the economic ordering quantity? Economic ordering...
-
On January 1, the general ledger of Jackson Company contained the following accounts and balances: Details of inventories are: Finished goods inventory: $32,500 During January, the following...
-
A 20-cm-square vertical plate is heated to a temperature of 30oC and submerged in glycerin at 10oC. Calculate the heat lost from both sides of the plate.
-
If you were a nonprofit CEO, how would you describe the ideal board for which to work?
-
If you were the chair of a nonprofit board, how would you describe the ideal relationship between the board and the CEO from your perspective?
-
Should boards be held responsible for the results achieved by the organizations they governor is that primarily the responsibility of the CEO and staff?
-
Describe what digital marketing is, using examples. Explain two types of digital strategies marketers use to gain and retain more customers. Support your discussion with a real-world example for each...
-
The goal is to focus/identify their instrument, sampling method, and treatment of data. Election poll survey results have since been an indication of possible election turnout. In the 2022...
-
2. Post to the cash short and over account (use Account No. 516). General Ledger Instructions How does grading work? GENERAL LEDGER Score: 41/49 DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT CREDIT...
Study smarter with the SolutionInn App