What is a compensating balance?
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![Question 1
What is a compensating balance? Site an example. (Write a
complete answer.)
Question 2
Explain the subsequent measurement of notes receivable.
Write a complete answer.
Question 3
What is Cash? (Write your a complete answer?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcd5a3f75-5cfc-426d-bbb0-537675c48d24%2F0ed73858-952c-48fa-bc9c-5b4aa2f32ade%2F5y64mek_processed.jpeg&w=3840&q=75)
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- what is the entry for collection of receivable * O debit cash, credit accounts payable O debit cash, credit accounts receivable debit accounts receivable, credit cash O debit accounts payable, credit cash SubmitWhich side of the account increases the cash account? Select one: a. Debit b. Credit c. Either debit or credit d. Neither debit nor creditWhich of the following options indicate how quickly accounts receivables are converted into cash? Select one: a. Total assets turnover b. Days to collect accounts receivable c. Working capital d. Accounts receivable turnover
- hello may i ask how much is the net adjustment to the cash account? including debit or credit thank you very muchWhen you collected Accounts Receivables, your entry would include? * O Debit Accounts Receivable O Credit Cash O Debit Cash O Credit Accounts PayableTo increase Notes Payable a debit entry is needed. Question 3Select one: True False
- Will an accounts receivable balance increase with a debit or a credit entry? How do you know?1. What is the corrected balance of cash account? 2. What is the corrected balance of Accounts Receivable account? 3. What is the corrected balance of supplies account? 4. What is the corrected balance of prepaid insurance account? 5. What is the corrected balance of notes payable account? 6. What is the corrected balance of accounts payable account? 7. What is the corrected balance of Reena, Capital account? 8. What is the corrected balance of Reena, drawing account? 9. What is the corrected balance of advertising expense account? 10. What is the corrected balance of debit and credit columns of the Trial Balance?Which of the following is a means of using receivables to obtain immediate cash? a. Factoring b. Pledging c. Assignment d. All of the above
- Question 2: Which is better to have? Accounts receivable or notes receivable? And why?Which of the following entries records the receipt of cash from clients on account? a.Accounts Receivable, debit; Fees Earned, credit b.Cash, debit; Accounts Receivable, credit c.Accounts Receivable, debit; Cash, credit d.Accounts Payable, debit; Fees Earned, creditPlease do 4.1.1 and please use the following table of cashbook payments - ( second picture )
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