Business, 07.11.2019 01:31 adeanbates
Selling and pledging accounts receivable lo c3 on june 30, petrov co. has $128,700 of accounts receivable. july 4 sold $7,245 of merchandise (that had cost $5,000) to customers on credit. - 9 sold $20,000 of accounts receivable to main bank. main charges a 4% factoring fee. - 17 received $5,859 cash from customers in payment on their accounts. - 27 borrowed $10,000 cash from main bank, pledging $12,500 of accounts receivable as security for the loan. prepare journal entries to record the above selected july transactions. (the company uses the perpetual inventory system.) (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
Answers: 2
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
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Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
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Business, 22.06.2019 20:00
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
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Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
Selling and pledging accounts receivable lo c3 on june 30, petrov co. has $128,700 of accounts recei...
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