Which of the following accounts would be increased with a credit? a Supplies Expense b Supplies c Fees Earned d Withdrawals account
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- What entry format is appropiate if sales returns and allowances occur on factored accounts? a. Sales returns and allowances xx Receivable from factor xx b. Reveivable from Factor xx Factoring expense xx c. Sales returns and allowances xx Factoring expense xx d. Reveivable from factor xx Accounts receivable xx18.The revolving credit can be revolved in relation to A. time B. value C. time and value D. time or valueQuestion 7 Which 4 transaction types can be made into recurring templates? Transfer Deposit Bill Inventory quantity adjustment Pay bills Paycheck Receive payment Invoice
- ______ is the example of Liabilities. Sales Supplies in Hand Account Receivables Unearned CommissionWhat is an account receivable? O a. Sales O b. Asset Oc. Income O d. CreditorsWhich one of the four methods of payments creates an accounts receivable? Select one: a. cash in advance b. open account c. draft d. letter of credit
- question b: (...) amount in accounts receivable?Which of the following accounts has a normal credit balance? a. Accounts Receivable b. Yura Wun, Capital X c. Supplies Expense d. CopyrightsQuestion 10 of 18 Which of the following increases the reported receivables in the financial statements? Select the correct response: a credit balance in an account payable offsetting a credit balance in an account receivable O adjustment to eliminate a debit balance in account payable a credit balance in an allowance account < Previous