Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.
Answers: 1
Business, 22.06.2019 12:50
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
Business, 23.06.2019 01:30
What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer
Answers: 2
Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3...
Computers and Technology, 21.10.2020 19:01
English, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
Chemistry, 21.10.2020 19:01
Arts, 21.10.2020 19:01
Physics, 21.10.2020 19:01
Advanced Placement (AP), 21.10.2020 19:01
Computers and Technology, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
History, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
Mathematics, 21.10.2020 19:01
History, 21.10.2020 19:01