Business, 12.11.2019 05:31 marissagirl9893
Analytical procedures performed during an audit indicate that accounts receivable doubled since the end of the prior year. however, the allowance for doubtful accounts as a percentage of accounts receivable remained about the same. which of the following client explanations would satisfy the auditor? a. a greater percentage of accounts receivable are listed in the "more than 120 days overdue" category than in the prior year. b. internal control activities over the recording of cash receipts have been improved since the end of the prior year. c. the client opened a second retail outlet during the current year and its credit sales approximately equaled the older outlet. d. the client tightened its credit policy during the current year and sold considerably less merchandise to customers with poor credit ratings
Answers: 1
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Business, 22.06.2019 16:30
En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
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Business, 22.06.2019 23:50
Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is:
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Business, 23.06.2019 00:00
Which of the following statements is true about an atm card?
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