In July, Lane Co. sells merchandise to Avery Co. on account. In August, Avery pays the balance in full. The entry that Lane will make to record the receipt of cash will include a credit to the _______ account. Multiple choice question.
a. Accounts Receivable.
b. Cash.
c. Unearned Sales.
d. Accounts Payable.
e. Sales.

Answers

Answer 1

The entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

What is Accounts Receivable?

Accounts Receivable can be defined as the amount a company is expected to receive from their clients or customers for the goods and service they rendered to their clients.

Based on the information given the appropriate journal entry to record the transactions is:

Debit Cash

Credit Account receivable

(To record the receipt of cash)

Inconclusion the entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

Learn more about account receivable here:https://brainly.com/question/24848903


Related Questions

Which option allows you to pool your money and invest in a portfolio with other
investors? (Select the best answer.)
a 529 plan
a 401(k) plan
an IRA account
a mutual fund

Answers

Answer:

a mutul fund

A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds.

Explanation:

have a great day ahead ":)

Answer:

a mutul fund

Explanation:

In the short run, if average variable costs equal $60, average total costs equal $70, and output equals 100, the total fixed costs should equal.

Answers

The total fixed cost should equal $1000.

What is the total fixed cost?

The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.

$70 - $60 = $10

Total fixed cost is the product of average fixed cost and output

100 x $10 = $1000

To learn more about cost, please check: https://brainly.com/question/26502221

Bluin Corporation pays its salesperson a flat salary of $5,750 per month and is considering paying $30 per unit instead. Current unit sales are 250 per month, but Bluin believes the compensation change will increase unit sales by 50%. Bluin's current contribution margin is $100 per unit. If Bluin switches the compensation and sales grow as expected, net operating income will ______ per month. Multiple choice question. increase by $7,000 decrease by $5,500 increase by $1,250 decrease by $7,500

Answers

Answer:

that is really hard thinking hard

value:
35.00 points
Problem 18-8 Completing a Ten-Column Work Sheet
The Trial Balance for River's Edge Canoe & Kayak, as of August 31, is listed below.
1. Prepare a ten-column work sheet for River's Edge Canoe & Kayak for the year ended August 31. The
totals will be automatically calculated.
(a) The cost of the ending merchandise inventory is $45,669.
(b) The cost of the supplies on hand on August 31 is $619.
(c) The one-year insurance premium of $1,680 was paid on April 1.
(d) The total federal income taxes owed for the year are $2,635.
River's Edge Canoe & Kay
Work Sheet
For the Year Ended August 3

Answers

It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.

What is a Trial Balance?

Please, note that the original worksheet is not attached, hence the general answer.

This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.

Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.

See the link below about Trial Balance:

https://brainly.com/question/24914390

Four seasons lawn and landscaping provides customers with quality and value, treats others as they want to be treated, and practices open communications with all stakeholders. These are part of their.

Answers

The values statement of a company is one that necessitates attending to customers with quality & value and treating others as they want to be treated.

What is a values statement?

In a firm, a values statement refers to an established core principles that guides the direction of the organization and its culture.

In conclusion, an organization value statement are compulsorily adopted by employees and manager bacause it is expected to guides their decision-making.

Read more about values statement

brainly.com/question/14595106

Which of the following would be a good argument to buy rather than lease? a. ""Money is really tight. I need the lowest possible monthly payment. "" b. ""It is very important for my image to drive the newest cars available. "" c. ""I’m only going to need it for a few years before I move back to Great Britain. "" d. ""I would prefer to walk out of the deal in the end with something to show for the money I put in. "" Please select the best answer from the choices provided A B C D.

Answers

When we buy something it becomes our property after purchase but not in the case of lease agreement. Thus, the correct option is "I would like to walk out of the deal with something to show for the money I put in,"

What exactly is a lease?

A lease is a legal agreement in which a user agrees to pay the owner for the use of an item.

This differs from buying, in this the property turns into the users' assets after purchase; nonetheless, those who "would want to walk out of the deal with something to show for the money I put in" can choose to buy rather than lease.

Thus, Option D is the correct answer.

To learn more about lease, refer to the link:

https://brainly.com/question/24460932

Answer:

d

Explanation:

When considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is _______.

Answers

Complexity has to do with how it's difficult to understand and use the new product.

What is complexity?

Complexity simply means the difficulties regarding the use of a particular product.

In this case, when considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is the difficulties to understand and use the new product.

Learn more about complexity on:

https://brainly.com/question/13888967

can some help with the last question I post I have a lot to do it would really help!!!!!!

Answers

Ok I’ll check it out to see if I know the answer

Which industry gives the most in-kind contributions?.

Answers

Answer: Pharmaceutical companies are most known in giving kind contributions or donations.

Hope this helped!

When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in:.

Answers

When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.

What is consumer surplus?

Consumer surplus occurs when a consumer pays a price that is lesser for a goods than the actual price they are willing to pay for a product.

Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.

Therefore, Frank sells a pie to jean instead of sarah,when the economic value created in society is lower because of the difference in consumer surplus.

Learn more on consumer surplus here,

https://brainly.com/question/3209988

What two things should be included when summarizing?

1.Numbers
2.Main idea
3.Key points
4.Names

Answers

2. main idea
3. key points
2&3
Main idea and also Key points

Jenna Parker owns and manages her single member LLC (which she taxes as a sole proprietorship) that provides services to her clients (i.e., specified service business). Her LLC reports net income of $100,000 after all applicable deductions, W-2 wages of $30,000, and assets with an unadjusted basis of $100,000. She is unmarried without dependents, and receives qualified dividends of $50,000. Assuming Jenna's itemize deductions are $10,000, what is her QBI deduction for the current year?

Answers

Answer:

am 30$ Jenny Parker owns and manqges

Estonia is a member of this trading bloc, _______, which has a shared currency across most of its countries. Additionally, many of the governments in this trading bloc are similar in form.

Answers

All European Union Member States are part of Economic and Monetary Union (EMU) and coordinate their economic policy-making to support the economic aims of the European Union. Therefore, Estonia is a member of European Union.

European Union

The european union consists of those Member States of the European Union that have adopted the euro as their currency.

learn more about the European Union from here: https://brainly.com/question/13929900

What is the only condition that a work must meet in order to be protected by copyright?.

Answers

Answer:

It must be an original expression.

Explanation:

When a company introduces new product brands as defensive moves to counteract competition, these brands are called ______ brands.

Answers

Answer:

When a company introduces new product brands as defensive moves to counteract competition, these brands are called product developmentbrands.

Explanation:

Product developments

When a company introduces new product brands as defensive moves to counteract competition, these brands are called "fighting brands".


What is a brand?

A brand is a good, service, or idea that is publicly set apart from similar ones so that it can be promoted and communicated more effectively. The name of the distinguishing good, service, or idea is known as a brand name. The process of developing and promoting a brand name is known as branding. Individual product and service names, as well as the complete corporate identity, can be branded.
Businesses are frequently judged on their brands and how well known they are to the general public. Corporations occasionally hire market research agencies to investigate brand identification and sentiments regarding the brands.

What are fighting brands?

A fighting brand is a new version of an existing or similar product that is made available for a brief period of time in a particular market area at a price that is very low or below costs in order to compete with other businesses. Companies launch "fighting brands" to avoid lowering the prices for its well-known brands because doing so could be expensive due to factors like the established brands' consistent pricing across many marketplaces. Fighting brands are frequently seen as predatory or anticompetitive behaviour designed to drive rivals out of a particular market. However, they have a slim possibility of success, just as other predatory strategies.

To learn more about fighting brands here

https://brainly.com/question/16001474

#SPJ2

The implementation of an effective internal control system eliminates the possibility of fraud. This statement is:.

Answers

Answer:

False

Explanation:

No matter what a company does the possibility of fraud cannot be avoided.

When you have to talk to your supervisor about a problem, it is a good idea to offer your own ______. A. Solution b. Complaint c. Gossip d. Feedback.

Answers

It is good to give a solution when you have to talk to your supervisor about a problem, it is better to improve a situation than to make it worse. Thus, option A. is the correct answer.

What do you mean by workplace etiquette?

A code that governs the expectations of public conduct in the workplace is called workplace etiquette.

It is always recommended to behave in a discipline order while working in an organization which also includes maintaining a work ethics culture that will help the organization to sustain itself in the long run.

Thus, when an employee has to talk to his/her supervisor about a problem, it's good to offer a solution, which forms part of working workplace etiquette. Option A. is the correct answer.

To learn more about workplace etiquette, refer to the link:

https://brainly.com/question/5707732

Answer:

its a

Explanation:

is Criminal investigator a venture?
thanks

Answers

Explanation:

Is there a private detective that the venture capital company contracts? Does it investigate the start fraud? Answer 5 SHART Redux Time Reports REQUEST PLUS REQUID TIME REPORTS can be far from this growth list. Have you ever been online and offline? Later below the procedure for reporting such incidents. 1 Answer  Paul Cohn, I made that VC answered on August 4, 2015. Risk capital Working process is very complete and it will be difficult to detect any kind of fraud. VC sometimes helps diligent using an external company. In general, VCs do not adopt private detective, but often use a company that verifies the background verification. Some of the background control companies may exceed recording recording, but can do a private research work as necessary, but it does not happen frequently (it has never disappeared so much disappeared). The records are considering the following: Confirmation of training for education A pre-employment confirmation is to find legal issues that participate in personal credit issues and find false statements of the contractor / administration team. With regard to your education and employment history, it may be possible to see if you have other legal and credit problems, do not disclose. It is very unusual to find a "fraud", but it is possible to make sure that VC asks entrepreneurs questions, and at least the contractor can confirm that all the company's product events fully advertise that you can find it. After the investment.

Yea I would say so depends what you mean by that

In the current external business environment as described in the text book, which of the following statements is true a. companies are more adversarial than ever before b. corporate culture defines success c. the business environment is static d. mergers are decling e. joint ventures are on the rise\\

Answers

Answer:

A. companies are more adversarial than ever before

money invested is usually used to do which of the following?
A. Purchase expensive items
B. Pay off loans
C. Achieve long-term goals
D. Pay for emergencies

Answers

It should be noted that money invested is to C. Achieve long-term goals

What is money?

It should be noted that money is a means of exchange. It is required for our transactions.

When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.

Learn more about money on:

https://brainly.com/question/24373500

The united states often engages in ________, which is the use of government regulations to limit the import of goods and services and to protect u. S. Industries against foreign competition.

Answers

Every country looks for a ways to protect the interest of her citizens. Hence, in this case, the United States engages in trade policy.

Trade Policy

Trade policy is a government's policy regulating international trade. Trade policy is an enbedded term that is used to cater for issues related to international trade. Types and aspects of trade policy include: regionalism, Bilateral free trade and Preferential trade agreements.

Therefore, the correct answer is trade policy.

learn more about trade policy from here: https://brainly.com/question/15115779

With ______, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

Answers

With division of labor, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

What is division of labor?

Division of labor can simply be defined as the division of tasks in order to enable different person or individual to be involved in the tasks.

Division of labor tend to lead to efficiency when task are allocated to separate individual.

With division of labor an organization or company can allocate or assigned the whole tasks to be performed to different individual which are specialists in the field they are.

Inconclusion with division of labor, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

Learn more about division of labor here:https://brainly.com/question/7639934

Describe how a recent a
change in supply has affected a
product that you regularly purchase?

Answers

Because the supply curve is lower than the demand curve, price and quantity are determined by the law of demand. If the price falls, the quantity rises. If more and more ppl purchase it, the price goes up

As a result of a change in the supply of crude oil, gasoline - which is a regularly purchased product - has increased in price.

What happens to price when supply decreases?

The supply of crude oil and natural gas has decreased world wide as a result of sanctions on Russia.

As a result, this has led to increased prices in crude oil products such as gasoline because prices usually rise when supply decreases.

Find out more on the law of demand and supply at https://brainly.com/question/1222851.

#SPJ2

Kade, who manages a hotel, was recently explaining to deja, a regional manager, his quandary about whether to fire a front desk employee about whom several guests had complained. Kade described, "i first identified the problem as poor customer service, and then i brainstormed several solutions. I evaluated each alternative, and then i implemented my decision not to fire the employee. Instead i provided him with additional training. Finally, i followed up with an evaluation to see if his customer service skills had improved. " kade is applying the:.

Answers

In this instance, Kade, as the hotel manager, is applying the B. employee relations model of evaluations in relating with the front desk employee.

What is the employee relations model of evaluations?

The employee relations model of evaluations relies on the application of the following principles of human relationships and performance evaluation:

CommunicationConsultationNegotiation.

Answer Options:

A. strategic planning model of leadership.

B. employee relations model of evaluations.

C. non-rational model of decision making.

D. rational model of decision making.

Thus, the model, which favors employees, is applied by Kade in Option B.

Learn more about the employee relations model of evaluations at https://brainly.com/question/4060635

With huge amounts of money being invested in securities during the longest and biggest bull market in American history, who became involved in joining the feeding frenzy

Answers

It should be noted that when the biggest bull market was witnessed, the Golden Sach became involved in joining the feeding frenzy.

What is a bull market?

It should be noted that a bull market means a condition of financial market where prices are expected to rise.

With huge amounts of money being invested in securities during the longest and biggest bull market in American history, Golden Sachs joined. They are simply an investment company and saw this as an opportunity to increase revenue.

Learn more about bull market on:

https://brainly.com/question/25695108

Which information would most likely cause a company's stock price to go up?

Answers

Answer:

The company releases an innovative car with unique features

Explanation:

An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as

Answers

An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as a mandatory arbitration agreement .

In such agreements, both the employer and the employee agree to resolve any conflicts or disputes that may arise in the course of employment through arbitration rather than through the court system.

Arbitration is a form of alternative dispute resolution where an independent third party, known as an arbitrator, reviews the evidence and arguments presented by both parties and makes a binding decision on the matter.

It is considered an alternative to litigation and is often seen as a more cost-effective and efficient way to resolve disputes.

However, critics of mandatory arbitration agreements argue that they can limit employees' access to justice and reduce their ability to pursue legal claims against their employers.

They claim that arbitration may not always provide employees with the same level of procedural fairness and protections as a court trial and can favor employers, leading to potential injustices.

As a result, the use of mandatory arbitration agreements in employment contracts has been a topic of ongoing debate and legal scrutiny.

For more such questions on arbitration

https://brainly.com/question/29494601

#SPJ1

A group that sponsors bike helmet poster contests for children to promote bicycle safety is providing which marketing offering

Answers

Ideas is your answer

Managers can help to change the organization's culture by paying attention to which ______ they use as narratives to symbolize the organization's vision and values to employees.

Answers

An organization's culture can be changed when managers pay attention to which stories are used as narratives to symbolize the organization's vision and values to employees.

Who is a manager?

A manager refers to an individual who is saddled with the responsibility of providing support, guidance, administrative control, supervision, as well as acting as a role model (example) to the employees working in an organization especially by being morally upright and promoting the organization's culture, vison, and values at all times.

This ultimately implies that, an organization's culture can be changed when managers pay attention to which stories are used as narratives to symbolize the organization's vision and values to employees.

Read more on managers here: https://brainly.com/question/24553900

Answer:

stories

Explanation:

Organizational training needs analysis Select one: a. focuses on the training needs of one specific work group. b. does not consider long- and short-term goals of the training. c. considers the cost-effectiveness of training programs. d. All of the above

Answers

When a company engages in organization training needs analysis, they c. consider the cost-effectiveness of training programs.

Why would a company consider the cost-effectiveness of training programs?

Organizational training is done to improve the effectiveness of a company's staff to enable them work to meet the goals of the organization.

The company therefore needs to assess if the cost of the training will pay off in the long term by equipping staff with the skills needed. If this cost is too high for its benefits, the training program is abandoned.

In conclusion, option C is correct.

Find out more on organizational training at https://brainly.com/question/26079067.

Other Questions
The table shows how many miles Jack ran per week for weeks one through nine.Question:a. Use the table to plot the points.b. Describe the correlation, including whether it is strong or weak.c. Draw a line of best fit.d. Write the equation of a line of best fit in slope-intercept form.e. Using the line of best fit, estimate how may miles Jack ran the 10th week; show work.f. During which week would you expect Jack to run a full marathon, 26.3 miles? Do you think that you should round up or down to the nearest week? Why? Dans l'antiquit, on croyait que le coeur contenait l'me et qu'il tait symbole de l'amour: pourquoi selon vous? svp aidez moi Three life skills that can assist a grade 12 school leaver to adapt to the world of work in 2023. Why is the format in which you save your Photoshop document so important? What are the factors that make a format better for print use versus better for web use? world trade organization definition A school survey found that 9 out of 10 students like pizza. If three students are chosen at random with replacment what is the probability that all three student like pizza? Justin, Cam, and Ben are playing a board game where exactly one player will win. Ben estimates that Justin has a 20%, percent chance of winning each game and that Cam has a 50% percent chance of winning each game.What is the probability that Ben will win the board game? Yousef spins the following spinner 20 times, and it lands on 2 a total of 5 times. please help I will give brainliest The tax rate at this restaurant is 9. 5%. Some other persons sales tax is $1. 61. How much was their subtotal? which ocean encircles the continent of Antarctica at Antarctica and extends northward to 60 degrees south latitude convert 6 1/4 lb to ounces.A. 25/64B. 100 ounces c. 125 ounces D. 1,250 ounces PLEASE HELP!!!!! WILL CHOOSE BRAINLIEST The topic Carrie has chosen for her psychology paper is the average person's global capacity to think rationally, act purposefully, and deal effectively with the environment. Carrie has chosen to write her paper on:___________ What is the median of the data set: {92, 63, 22, 80, 63, 71, 44, 35}A)63B)80C)92D)35 Rectangle ABCD was dilated to create rectangle A'B'C'D. Triangle A B C D is dilated to form triangle A prime B prime C prime D. Side B C is 3. 8 units. Side A prime B prime is 15 units and side B prime C prime is 9. 5 units. What is AB? 6 units 7. 6 units 9. 5 units 12 units. Binod lost one half of his money. He gave the 2/5 of the remainder to his uncle and one fourth to his brother. If he had Rs 2000 at first, how much money is left with him? Which cooking methods are best for preserving vitamin content of fresh vegetables?. Which activity made the most money after World War I?A. ManufacturingB. Health careC. Farming D. Transportation Can somebody answer this for me Ill appreciate it so much 4. Explain how the Interpretation of the Free Exercise Clause and the Establishment Clause has been debated by the court throughout U.S. History.