FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cul de las siguientes afirmaciones describe correctamente el efecto de registrar el cobro de una cuenta por cobrar de $10,000 para la cual se registr

Cul de las siguientes afirmaciones describe correctamente el efecto de registrar el cobro de una cuenta por cobrar de $10,000 para la cual se registr un descuento de ventas del 2% en el momento del cobro?

Los activos circulantes seguirn siendo los mismos.

La utilidad bruta disminuir $200.

Las cuentas por cobrar disminuirn $9,800.

Las ventas netas aumentarn $9,800.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

understand the mathematical properties of the chi-square distribution.

Answered: 1 week ago

Question

★★★★★
You can form a portfolio of two assets, A and B, whose returns have the following characteristics: If you demand an expected return of 12%, what are the portfolio weights? What is the portfolios...

Answered: 1 week ago

Question

★★★★★
Rexbilt Company uses the allowance method of handling credit losses. it estimates losses at 2% of credit sales, which were $600,000 this year. At December 31 of this year, the has a $1,200 credit...

Answered: 1 week ago

Question

★★★★★
Question 1 (50 points). Panther Corporation decided to establish Snake Company as a wholly owned subsidiary by transferring some of its existing assets and liabilities to the new entity. In exchange,...

Answered: 1 week ago

Question

★★★★★
After reading Case 1 4 . 1 ( Gender and Leadership. page 4 1 0 ) , respond to the followng questions Q 1 : What advancement barriers did Lisa encounter? Q 2 : What should the firm\'s top executives...

Answered: 1 week ago

Question

★★★★★
b) Consider a 36 MW steam power plant operates on a simple ideal Rankine cycle between the pressure limits of 25 bar and 0.5 bar. The dryness fraction of the steam at the turbine exit is 90%. The...

Answered: 1 week ago

Question

★★★★★
A few years ago ValuChain Company sold a $1,000 par value, noncallable bond that now has 15 years to maturity and a 5.00% annual coupon that is paid semiannually. The bond currently sells for $920...

Answered: 1 week ago

Question

★★★★★
Part D Consider the function, m (x 3) f(x) = (x+5) (x 8) where m represents a real number. #9 Using what you know about rational functions, what is the equation of the horizontal asymptote? #10 Use...

Answered: 1 week ago

Question

★★★★★
Forten Company's current year Income statement, comparative balance sheets, and additional Information follow. For the year. (1) all sales are credit sales, (2) all credits to Accounts Receivable...

Answered: 1 week ago

Previous Question Next Question