BUSINESS HIGH SCHOOL

Trimble Graphic Design receives $1,800 from a client billed in a previous month for services provided. Which of the following general journal entries will Trimble Graphic Design make to record this transaction?

Answers

Answer 1
Answer:

Answer:

Explanation:

The journal entry is presented below:

Cash A/c Dr $1,800

   To Accounts receivable A/c $1,800

(Being the cash is received)

Since the cash is received so we debited the cash account and there is a decrease in account receivable so this account should be credited. Both the accounts are recorded at $1,800 each.

Related Questions

Rotato, a U.S. tire company, produces a set of tires at a plant in Michigan on September 16, 2019. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2019. (Note: Focus exclusively on whether production of the set of tires increases GDP directly, and ignore the effect of production of the two-door coupe on GDP.)
A legal obligation that involves repaying a debt is called a _____.A.liability B.profit C.property right
Explain why public goods need to be state provided and why they are under provided in the free market
Jan pays $70 each month for her auto insurance policy. This regular payment is called a.
One of the reasons organizations delay patches to plug holes in their security applications is___________.a. the rising cost of labor.b. lack of information on effectiveness of patches.c. the fear that the new technology contains a change that will cause problems down the road.d. redundancy of patches within a short span of time.e. bureaucratic inefficiency.

Recommend ways in which businesses can contribute time and effort to advance the well being of others in a business context in the following aspects:<br />*improving the general quality of life<br />
*refraining from engaging in harmful practices<br />
*making ethically correct business decisions<br />
*providing support to employees.will you pleas explain the four examples

Answers

1.       Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.

2.       Basing on the example above, it does not engage into any harmful practice.

3.       Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

4.       It provides support to the employee because they can interact with the gym users and can use the gym too

Pollution from a factory that produces cleaners is a(n) _____ of the production process.

Answers

Pollution from a factory that produces cleaner is an externality of the production process . Externality refer to the negative effect that may arise or caused by company's operational activity, in this context, the production of cleaners caused pollution to the environment

Which consideration must be addressed when deciding for whom to produce?

Answers

Answer:

What should be taken into consideration is "Who has the greatest need?"

Explanation:

A production process must be established and managed in such a way as not to cause waste, as waste means loss of economic power and unused production. For this reason, the consideration that should be addressed when deciding who to produce is "Who has the greatest need?" Once this is decided, the chances of wasted production will be much lower, while highly profitable production will be stimulated.

Since there is no options provided, it could be :

- The price of your products compared to your target's level of income

- The Rules and law that exist in your area

- The amount of competitors that exist

- The distribution factors, how easy is it to deliver your product to your targets

What is the relationship between triple bottom line and social responsibility

Answers

Triple bottom line is a framework for reporting material benefit, and this reporting has to be done transparently because of the corporate social responsibilities. This transparent reporting is a part of the triple bottom line.

One of the primary disadvantages of the global strategy and worldwide product divisional structure is that: a. it is difficult to respond effectively to local market needs and preferences.
b. achieving economies of scale with this strategy/structure combination is nearly impossible.
c. the firm must develop centers to offer after-sales service to customers.
d. it is difficult to achieve economies of scale.

Answers

Answer: b

Explanation:

This strategy and world wide product divisional structure may hinder economy of scale( whish is actually the reduced costs enjoyed by business entities due to the scale of their business) typically, this strategy and organizational structure restricts products to certain region which the demand may not be enough for effective cost management to enhance profit.

Other divisions might have some demand for certain products that are not available in their own division.

Entrepreneurs are visionaries who __________.

Answers

organizes and operates businesses by taking great financial risks in order to do so.

(Hope this helps)
Other Questions
How does tourism benefit the economy
__________ unemployment refers to loss of jobs due to a recession or a similar downturn in the economy.
​Lydia, a minor, charges the cost of a smartphone at a Mobile Devices & Minutes store. Two nights later, Lydia loses the phone at Natural Foods restaurant. She disaffirms the phone’s purchase. Lydia owes Mobile Devices the reasonable value of the phoneA)​ if it is deemed a necessaryB)​ if it is deemed a luxury.C) ​if it is deemed unique.D)​ under no circumstances.
Which phrase describes the income effect?the effect of demand and supply on income earned by producers the impact of price on consumers’ purchasing ability and decisions the increased income earned by suppliers because of high prices the impact of consumers’ income on the supply of a product