Go Blue Retail Store collected $12,000 of its accounts receivable. The expanded accounting equation changes include which of the following?
a. Cash and capital increase of $12,000
b. Cash and revenue increase of $12,000
c. Cash increase and accounts receivable decrease of $12,000
d. Accounts receivable decrease and capital increase of $12,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Go Blue Retail Store collected $12,000 of its accounts receivable. The expanded accounting equation changes include which of the following? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Select the correct answer. Which pricing strategy is a store using when it sells shoes at $79, $99, and $299? A. economy pricing B. penetration pricing C. premium pricing D. psychological pricing E. price skimming
Answers (1)
During a presidential campaign, the incumbent argues that he should be reelected because nominal GDP grew by 12 percent during his 4-year term in office.
Answers (1)
A local farmer grows and sells corn and pumpkins to the local grocers. Look at the farmer's business as a system.
Answers (1)
Ivory purchased a car for $24,000. The annual interest rate on the loan is 3.5%. She will make payments for 6 years. What is Ivory's monthly payment?
Answers (1)
In economics, what is logrolling? a. rent seeking b. the trading of favors c. public choice theory d. creating public goods
Answers (1)
New Questions in Business
Suppose hypothetically that you buy a lot of food such as tofu, veggie burgers, and organic fruit that are not included in the market basket used to compute the CPI.
Answers (1)
Property taxes on a company's factory building would be classified as a (n) :
Answers (1)
Diane had a plan to improve her responsibility. in order to understand if she has met her goal, she must A. formulate a new goal B. record her progress C. accomplish harder tasks D. ask others for their opinions
Answers (1)
Olivia's employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from Olivia's paycheck? A) tax exemption B) local withholding C) state withholding D) Social Security withholding
Answers (1)
A popular variation of the accounts receivable turnover is the a. credit risk ratio. b. concentration of credit risk. c. bad debts ratio. d. average collection period.
Answers (1)