accounts receivable had a balance of $4,335 on may 31. there were debit postings of $779 and credit postings of $892 during june. what was the accounts receivable balance on june 30?

Answers

Answer 1

For June 30, its accounts receivable balance was $4222, according to the document.

What is debit and credit?

Every credit entry reflects a value transfer from the account, whereas a debit entry reflects an exchange of value to the account. Each transaction involves the movement of money from credited to debited accounts. about when you deposit a check, for instance. The sum of the debits and credits must be equal. Synonyms: settlement, payment, obligation, debt More Debit Synonyms.

Briefing:

The following table shows the balance of the control account for accounts receivable:

= Total sales minus cash receipts journal + debit balance of accounts payable control account

= $779+ $4,335- 892

= $338,10

= $4222

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Related Questions

Why do lenders often require a down payment when credit is used to purchase a good?

It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.

Answers

It is A hope this helps

The payments are done through a down payment reduces the risk to the lender and therefore the lender requires down payments when credit is used to purchase a good. Thus (A) is the correct option.

What is a down payment?

The amount of money that a purchaser pays on the purchasing of any expensive object. The down payment showcases a portion of the total purchasing amount.

It is made in the initial stage of purchasing. It reduces the risk of the lender and therefore, (A) is the correct option.

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a stock has had returns of −26 percent, 12 percent, 34 percent, −8 percent, 27 percent, and 23 percent over the last six years. what are the arithmetic and geometric average returns for the stock?

Answers

The arithmetic average return is -3 percent. The geometric average return for this stock over the past six years is 11.1 percent.

To calculate the arithmetic average return for this stock, we simply add up the returns for each year and divide by the number of years.

In this case, the sum of the returns is -18 percent (the negative return in year one cancels out the positive returns in later years), and there are six years, so the arithmetic average return is -3 percent.

To calculate the geometric average return, we need to take into account the compounding effect of returns over time. The formula for the geometric average return is:

\([(1+r1) * (1+r2) * ... * (1+rn)]^{(1/n)} - 1\)

where r1, r2, ..., rn are the returns for each year, and n is the number of years. Using this formula for the returns given, we get:

\([(1-0.26) * (1+0.12) * (1+0.34) * (1-0.08) * (1+0.27) * (1+0.23)]^{(1/6)} - 1\)= 0.111 or 11.1%

This is higher than the arithmetic average return of -3 percent, indicating that the returns were volatile and there was compounding effect.

It's important to note that while the arithmetic average return gives us a sense of the stock's average performance over the period, the geometric average return is a more accurate measure of the stock's long-term performance.

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The arithmetic average return for the stock is 3.67%, and the geometric average return is 11.7%.

To calculate the arithmetic average return, we add up the returns and divide by the number of years:

Arithmetic average return = (-26 + 12 + 34 - 8 + 27 + 23) / 6 = 22 / 6 = 3.67%

To calculate the geometric average return, we use the following formula:

Geometric average return = [(1 + r1) * (1 + r2) * ... * (1 + rn)]^(1/n) - 1

where r1, r2, ..., rn are the annual returns for each year and n is the number of years.

Using the returns given in the problem, we get:

Geometric average return = [(1 - 0.26) * (1 + 0.12) * (1 + 0.34) * (1 - 0.08) * (1 + 0.27) * (1 + 0.23)]^(1/6) - 1

= (0.74 * 1.12 * 1.34 * 0.92 * 1.27 * 1.23)^(1/6) - 1

= 1.117 - 1

= 0.117 or 11.7%

Therefore, the arithmetic average return for the stock is 3.67%, and the geometric average return is 11.7%.

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During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?

Answers

Answer:

you have to give "the following"

how has the right to education addressed to differently able persons?How far is it appropriate to keep such provision with view of justice?Present your logics.​

Answers

Answer:

,

Explanation:

i think this is answer right

how has the right to education addressed to differently able persons?How far is it appropriate to keep

_______ will help you maintain good credit.

Answers

Paying your Bills on Time will help you to maintain good credit.

Why do one need to Pay Bills on Time?

The act if paying one's credit card bills and other forms of loans on time is very vital.

Mostly  because  late or missed payments could lead to a dip in one's credit score. If one is not totally concerned about missing a due date, it is better to have a form of automatic bill payment that can help one  to stay on top of one's account payments.

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Answer: lowering your balances

What does a system at equilibrium look like at the macroscopic level?.

Answers

I don’t know the answer but just try harder

A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?

Answers

Assuming the owner has a policy with $60,000 coverage. The amount that  the owner collect for his loss is $30,000.

Policy coverage

In order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.

And since house has a policy coverage of the amount of $60,000. Based on this  the minimum requirement is 75 percent  which mean that the policy will pay only 75 percent of the loss or $30,000.

Inconclusion  the amount that  the owner collect for his loss is $30,000.

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Does anyone have a perfect competition business example?

Answers

Answer:

Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.

Explanation:


Which of the following is not an example of professional behavior
?

Answers

What are the answers?

Your maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What will yearly salary be after 5 years?.

Answers

Yearly salary will be after 5 years is $608. The money you earn in the first few months or years of employment is your starting salary.

Starting salary= $38,000/year

Per year raise = 8%

First year = 5 years

= $38,000*8%/5

= 3040/5

= $608

The money you earn in the first few months or years of employment is your starting salary. These details may have been included in the initial job description, in an interview with the employer, or in an employment contract. While some starting salaries are fixed and cannot be negotiated, the correct strategies can help you secure a better starting salary.

Choosing the right time to bring up compensation negotiation might be difficult. The instances in which it is appropriate to start a conversation with an employer about your wage expectations are covered in the following section.

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While overall labor union membership has been declining over the last few decades, which type of workers has the highest percentage of union membership

Answers

The workers that have the highest percentage of union memberships are those in

educationtraininglibrary occupations

What is a  labor union?

This is a term that is used to refer to the labor unions that are formed in order to represent the workers that are in a country.

The unions are known to represent workers in terms of benefits, wages and labor hours.

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FILL IN THE BLANK. According to Crosby, _____ is a performance standard which involves concentrating on preventing defects rather than just finding a fixing them.

Answers

According to Crosby, zero defects is a performance standard which involves concentrating on preventing defects rather than just finding and fixing them only.

In an organization, Zero Flaws (or ZD) is a collaborative program or mindset where everyone works together to achieve the aim of having no defects in quality. The idea briefly had popularity in American business starting in 1964 as a management-led initiative to eradicate flaws in industrial output.

An articulation of the performance threshold(s), requirement(s), or expectation(s) that must be met in order to be evaluated at a specific level of performance is called a performance standard.

Performance standards are instructions that companies provide to their staff members to explain what is expected of them as a member of the team. They outline the responsibilities of the position and the standards of performance that the employee must meet.

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machine-learning software is being used to explore databases of existing molecules (and their associated properties) to generate information that can be used to develop new drugs to treat a variety of conditions expeditiously and at lower costs. firms at the forefront of this new strategy include

Answers

Several firms are at the forefront of using machine learning software to explore databases of existing molecules and properties to develop new drugs. Some examples include:

Atomwise: A San Francisco-based startup that uses artificial intelligence to discover new drug candidates.Insilico Medicine: A Hong Kong-based company that specializes in AI-driven drug discovery.BenevolentAI: A London-based firm that uses machine learning algorithms to discover and develop new drugs.Recursion Pharmaceuticals: A Utah-based biotech company that uses machine learning and computer vision to discover new drug treatments.

These firms and others like them are using machine learning and other advanced technologies to accelerate the drug discovery process, reduce costs, and bring new treatments to market faster.

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Which of the following describes accrued revenue? (Check all that apply) Multiple select question. The adjustment causes an increase in an asset account and an increase in a revenue account. Accounts receivable is usually increased when accruing revenues. Adjustments involve increasing both an expense account and a liability account. They refer to revenues that are earned in a period, but have not been received and are unrecorded. They refer to earnings which have been earned but not yet billed.

Answers

Answer:

The adjustment causes an increase in an asset account and an increase in a revenue account. Accounts receivable is usually increased when accruing revenues. They refer to revenues that are earned in a period, but have not been received and are unrecorded. They refer to earnings which have been earned but not yet billed.

Explanation:

Accrued revenue refers to cash earned for selling a good or delivering a service yet the cash has not been received and the transaction was not recorded in the books as revenue. This means that the cash has been earned but it has not been billed to the customer it was earned from.

When the books are being adjusted for this, the accounts receivable - which is an asset account - will increase to show that cash is owed. Revenue will also increase as this was cash earned from delivering a good or service.

On the Markowitz Model, at the point of tangency, we have attained:A. The efficient frontier.B. The indifference curve.C. The unattainable.D. The optimal portfolio.

Answers

At the point of tangency between the efficient frontier and the capital market line, we have attained the optimal portfolio according to the Markowitz Model. Therefore, the correct answer is D.

The optimal portfolio represents the portfolio that maximizes the expected return for a given level of risk, or minimizes the risk for a given level of expected return. This portfolio is achieved by combining assets in a way that takes into account their expected returns, standard deviations, and correlations, in order to achieve the best possible tradeoff between risk and return. The efficient frontier represents the set of portfolios that offer the highest expected return for a given level of risk or the lowest level of risk for a given expected return. The indifference curve is a concept from microeconomics that represents the combinations of two goods that an individual is indifferent between, and is not directly related to the Markowitz Model. The unattainable is not a relevant concept in this context.

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How would you describe the role of professionalism in writing these types of messages? Which type of message do you think poses the greatest challenge to a writer? Why?

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Answer:

In business, being requested to write a business communication of some type can feel like “one more work assignment.” It is tempting to quickly jot and send that email or letter. However, by doing so, employees may miss the opportunity to help their company do more–and miss the opportunity for advancement. Crafting messages correctly is perhaps the single best way to polish your company’s and your own image.

Focusing the communication effort on the message’s receiver results in business objectives quickly achieved, and growing writer credibility. The results are subtle but the impact is large.

This section begins with two keys to success in business communication: audience and purpose.

A role in professional writing would be a political writer who writes speeches for the president or someone else who is important.

Why is professionalism important in writing?

The biggest and most important reason for the value of professional writing is that it guarantees your papers' main points are correctly communicated to the target reader.

When asked to create a business communication of any kind, it might feel like "just another work assignment," and it is tempting to hurriedly scribble out and submit that email or letter.

However, by doing so, employees may miss out on opportunities to help their firm achieve more—and therefore miss out on development. Correctly crafting communications is likely the single most effective strategy to improve your company's and your own image.

Focusing communication efforts on the message's receiver leads to faster achievement of corporate goals and increased writer credibility. The effects are slight, but significant.

Therefore, it can be concluded that this section begins with two essential elements of corporate communication success: audience and purpose.

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t/f differing values are the first impressions noticed by opposing negotiators in a cross cultural negotiation.

Answers

The statement that "differing values are the first impressions noticed by opposing negotiators in a cross-cultural negotiation" is generally false.

In cross-cultural negotiations, differing values can indeed create some misunderstanding and cause conflicts in the negotiation process. However, they are not always the first impressions noticed by opposing negotiators.

First impressions are often based on the visible and apparent characteristics of the negotiators, such as their dress style, language proficiency, facial expressions, and body language. Furthermore, the first contact with the opposing negotiators, the introductory handshake or greeting, and other non-verbal signals can play a significant role in forming the initial impression.

The cultural differences and values that are evident in the negotiation process become more apparent after the initial impressions are formed.

Therefore, while differing values can be a significant factor in cross-cultural negotiation, it is not always the first impression noticed by opposing negotiators.

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When you're finished using your Go ogle account, what should you do to help keep your information secure?

A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.

Answers

Answer:

this is a very st upid question but i would say its D

Explanation:

A does make sense somehow but i dont think you would reset your password everytime you using go ogle

i dont know why B should help at all

C makes no sense at all

When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.

How to keep your Go-ogle account safe?

Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.

Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.

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the term average means _______.

a. there are an equal number of employees earning above the amount provided and an equal number earning below the amount provided
b. there are an equal number of employees earning above the amount provided but not an equal number of employees earning below the amount provided
c. there are an equal number of employees not earning above the amount provided but an equal number of employees earning below the amount provided
d. The number calculated by adding all numbers together, then dividing by the total amount of numbers

Answers

D.

...................

schulz company borrows cash from a bank and signs a promissory note. the bank should record multiple choice question. notes receivable notes payable accounts payable accounts receivable

Answers

The bank should record option 1- "Notes Receivable" because it is the amount owed to the bank by Schulz Company.

When Schulz Company borrows cash from a bank and signs a promissory note, it becomes a debtor and owes the bank the amount borrowed.

The bank, on the other hand, becomes a creditor and has the right to receive the principal amount plus interest from Schulz Company.

Therefore, the bank should record this transaction as "Notes Receivable" on its balance sheet as it is an asset that represents the amount owed to it by Schulz Company.

This will be reflected as an increase in the bank's notes receivable account and a corresponding increase in its cash account.

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The complete question is :

schulz company borrows cash from a bank and signs a promissory note. the bank should record multiple choice question.

1-notes receivable

2- notes payable

3- accounts payable

4- accounts receivable

what are products that household buyers use for their own use called? multiple choice question. consumer products ritual products business products loyalty products

Answers

Answer:

consumer products

Explanation:

The products that household buyers use for their own use are called consumer products.


Consumer products are products that are purchased for use by household buyers for their own use. These products can include items such as food, clothing, electronics, furniture, and appliances.

Consumers typically buy these products for personal use and not for resale or business use. These products can range from basic necessities to luxury items. It is important to note that consumer products are distinct from ritual products, business products, and loyalty products.

Ritual products are those that are purchased for use in a special event or ceremony. These can include items such as flowers, clothing, decorations, or other items used to celebrate a special occasion.

Business products are items purchased for use in a business, such as office supplies, equipment, furniture, or software.

Loyalty products are those that are purchased as a reward or incentive to loyalty program members, such as coupons, discounts, or other benefits.

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Which of the following terms describes doing things in a way that dies not deplete natural resources or damage the environment

Answers

Answer:

B. sustainability

Explanation:

Here are the options to this question

A. efficiency

B. sustainability

C. reliability

D. renewable

Sustainability involves the proper use of resources found in the environment to ensure that they last or are available for future generations.

Methods of ensuring environmental sustainability :

1. recycling

2. reducing the use of non renewable resources and using more renewable resources

3. reducing the amount of pollution

Answer:

sustainability

Explanation:

edge 22

Explain the importance of leisure activities.

Answers

Answer:

leisure activities improve the productivity of people

Explanation:

if you feel stressed and then go to a water park, you will get less stressed right?

Elsie sold her car to a Carlson who responded to her online ad. Carlson paid Elsie with a cashier's check. Two days later, Elsie went to the store to cash the check. She was shocked when the bank teller said that the cashier check was fake.

Answers

Elsie is a victim of counterfeit cashier's checks. Before finalizing the sale, she should think about bringing a legal lawsuit against Carlson and verify the validity of the check.

What happens if a fraud check is checked?

When a check is discovered to be fraudulent, your bank account will often be debited for the amount. Even worse, the bank might charge you extra money to process a bogus check. Any money i sent to the con artist will be lost.

The severity of check frauds.

Check fraud misdemeanor offenses often carry criminal fines and up to a year of prison. Depending on the severity of the act and the applicable state legislation, felony charges can carry fines of thousands of dollars and jail terms of up to several years.

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The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed long-term debt of $6.3 million, and the 2015 balance sheet showed long-term debt of $6.5 million. The 2015 income statement showed an interest expense of $220,000. During 2015, the company had a cash flow to creditors of $20,000 and the cash flow to stockholders for the year was $75,000. Suppose you also know that the firm's net capital spending for 2015 was $1,480,000, and that the firm reduced its net working capital investment by $91,000

Answers

Answer:

$1,484,000

Explanation:

For calculation of operating cash flow first we need to compute the cash flow from assets which is shown below:-

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders

= $20,000 + $75,000

= $95,000

Cash flow assets = OCF - Net capital spending - Change in net working capital

= $95,000 = OCF - $1,480,000 - (-$91,000)

= $95,000 = OCF - $1,480,000 + $91,000

= $95,000 = OCF - $1,389,000

OCF = $1,484,000

How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?

Answers

Answer:22 years

Explanation:

In an indirect transfer involving an investment intermediary (i.e. an investment bank) the success or failure of the investment by the ""saver"" of capital is dependent upon the success or failure of a single ""user"" of the capital.

Answers

"In an indirect transfer involving an investment intermediary, such as an investment bank, the success or failure of the investment made by the "saver" of capital can be dependent upon the success or failure of a single "user" of the capital." is true.

This is because the investment bank or other intermediary pools funds from multiple savers and invests them in various opportunities, such as providing loans or investing in stocks or bonds.

If the intermediary invests a significant portion of the pooled funds in a single opportunity or with a single user of the capital, then the success or failure of that opportunity or user can have a significant impact on the overall returns of the pooled funds.

For example, if the intermediary invests a large portion of the pooled funds in a single startup company, then the success or failure of that company can have a significant impact on the overall returns of the investment.

The proper question is " In an indirect transfer involving an investment intermediary (i.e. an investment bank) the success or failure of the investment by the ""saver"" of capital is dependent upon the success or failure of a single ""user"" of the capital.True or false"

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What factors play a role in gendering specific occupations?

Answers

Answer:

Risk, physical demands, skill level, competence

Explanation:

How can you get your money back if you send a p2p payment to the wrong person?.

Answers

When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.

What is P2P Payment?

P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.

When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.  

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Resolve (7x+19)/(x+1)(x+5) into partial fraction​

Answers

Answer:

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\)

Explanation:

The given expression is  

\(\dfrac{7x+19}{(x+1)(x+5)}\)

We need to resolve this into partial fraction.

The form of the partial fraction decomposition is

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A}{x+1}+\dfrac{B}{x+5}\)        ...(1)

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A(x+5)+B(x+1)}{(x+1)(x+5)}\)

\(7x+19=Ax+5A+Bx+B\)

\(7x+19=(A+B)x+(5A+B)\)

On comparing both sides, we get

\(A+B=7\)      ...(2)

\(5A+B=19\)    ...(3)

Subtract (2) from (3), we get

\(4A=12\)

\(A=3\)

Put A=3 in (1).

\(3+B=7\)

\(B=4\)

Put A=3 and B=4 in (1).

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\)

Therefore, \(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\) .

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