Arecord showing the activity and the balances owed by each customer is called the
a. general ledger.
b. sales journal.
c. cash receipts journal.
d. accounts receivable subsidiary ledger.

Match the steps for conducting an informational interview with the tasks in each step.

What is the difference between the contractual interest rate and the market interest rate?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.