Business, 18.04.2021 01:00 chrisboykashifre1999
At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balance of $55,000 for accounts receivable. During January, the company collected $17,800 from customers on account and provided additional services to customers on account totaling $14,000. Additionally, during January one customer paid Thomas $6,500 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be
Answers: 2
Business, 22.06.2019 10:20, LadyHolmes67
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
Business, 22.06.2019 11:50, vdirectioner7634
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balan...
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