subject
Business, 02.11.2019 04:31 AdoNice

If the individual subsidiary ledger accounts of accounts receivable and accounts payable contained the following data: cadence company - vendor - $125 credit balance franklin enterprises - customer - $75 debit balance marcelo construction - client - $375 - debit balance peyton supplies - supplier - $275 - credit balance the accounts receivable (a/r) controlling account balance and the accounts payable (a/p) controlling account balances would be:
a. a/r - $200, a/p - $650
b. a/r - $400, a/p - $450
c. a/r - $450, a/p - $400
d. a/r - $75, a/p - $775

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
What is the purpose of government health care programs
Answers: 1
question
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
question
Business, 22.06.2019 22:40
Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply
Answers: 1
You know the right answer?
If the individual subsidiary ledger accounts of accounts receivable and accounts payable contained t...
Questions
question
Mathematics, 07.05.2020 10:02
question
Mathematics, 07.05.2020 10:02
Questions on the website: 13722363