Stannous company earns $2,000 of revenue on account in year 1. cash collections of receivables amount to $1,800 in year 1 with the remainder being collected in year 2. which of the following shows how these events will affect the company’s ledger accounts at the time revenue is recognized in year 1?

The answer for edgenuity is c: color

The narrator uses his imagination to weave an emotional story.

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.