Before closing the office for the day, Lisa took a phone call from a corporate customer who wanted to make a reservation for three nights at Wildwood Inn. The total cost came to $473.00. The customer asked Lisa to charge the total amount to the company's account. Which T-Account or T-Accounts listed below correctly show how a sale on account should be recorded?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Before closing the office for the day, Lisa took a phone call from a corporate customer who wanted to make a reservation for three nights ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is the cost of going kayaking in this case? Check all that apply. a. The value of your time spent studying b. The rental of any kayak equipment you need c. The cost of your endurance splash pants you purchased last year d.
Answers (1)
On december 31, 2017, haas engineering's ending inventory was $41,200. on december 31, 2018, haas' ending inventory was $40,000.
Answers (1)
In a limited partnership, the limited partners: a) are liable only for the amount of their capital contributions b) share the amount of personal liabilities equally c) have only insurance as protection against liability suits d) are allowed to
Answers (2)
Which of the following is not an advantage of mutual funds? a. They offer a variety of investment styles. They treat income as "passed through" to the investor for tax purposes. b. They offer small investors the benefits of diversification. c.
Answers (2)
You are given a ticket to a Bob Dylan concert. The face value of the ticket is $50. You value attending the Bob Dylan concert at $40. You can sell the ticket to a friend for $10 and attend a U2 concert by getting a ticket priced at $60.
Answers (1)
New Questions in Business
Firm A and Firm B have the same total assets, ROA and profit margin. However, Frim B has a higher debt ratio and interest expense then Firm A. Which of the following statements is correct? A.) Firm B must have a higher ROE than first A. B.
Answers (1)
You own a portfolio that is 32 percent invested in Stock X, 20 percent invested in Stock Y, and 48 percent invested in Stock Z. The expected returns on these three stocks are 6 percent, 19 percent, and 15 percent, respectively.
Answers (1)
Which of the following statements about knowledge is true? Data and information are the same as knowledge. Knowledge resides in information. Knowledge is the understanding that one gains from information.
Answers (1)
A client with acquired immunodeficiency syndrome (AIDS) develops Pneumocystis carinii pneumonia. Which nursing diagnosis has the highest priority? A. Impaired oral mucous membranes B. Activity intolerance C.
Answers (1)
Beaver Construction purchases new equipment for $38,160 cash on April 1, 2018. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end.
Answers (1)