pedrozac81
11.04.2020 •
Business
During 2022 Wildhorse Co. had sales on account of $770000, cash sales of $303000, and collections on account of $515000. In addition, they collected $8000 which had been written off as uncollectible in 2021. As a result of these transactions the change in the accounts receivable indicates a
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Ответ:
The answer is $770,000 - $515,000 = $255,000
Explanation: The change in accounts receivable relates to the transactions that affect accounts receivable. In the question, sales on account of $770,000 represents accounts receivables but cash sales of $303,000 does not impact accounts receivable. Collections of $515,000 would cause a reduction in accounts receivable while $8,000 collected that was previously written off would not - it would also impact cash and bad debt recovery. So the only things affecting accounts receivable are: sales on account of $770,000 minus the collections on account of $515,000 leading to $255,000 balance in accounts receivable account.
Ответ:
The domestic variety is cheaper because there is no import duties or no charges imposed on it because of the import from other countries.
Explanation:
A country produces a lot of goods and services in it's own economy using the resources which are present in it's own country. But the goods and the services that are not available in the country but are demanded by the citizens of the country are imported from other countries.
When these goods and services are imported from other countries then there is an imposition of duties or taxes on those goods making the charges of those goods high. With the transportation of the goods from one country to the other, then also some cost is imposed on the good. This increases the cost or the price of the good.