The answers are linked from the end of each question. To download the questions and answers to your computer: You may want to download the questions and answers to your computer to browse off-line or to print at a later date. Cost of goods sold is deducted from net sales revenue to arrive at gross profit. For the next question - click 5. Assets will provide economic benefit in the future.
Slader organizes subjects on its website by math, science, history and other subjects. The answers are available from a link at the bottom of each subject homepage. The website offers a tutoring service through which peers and friends offer free services, while pro tutors cost money. The correct answer is B. To find answers to Pearson textbooks, visit Slader.
Hence, it is classified as a current liability in the Balance Sheet. What is meant by accounts receivable? Explanation: A purchase order is a buyer-generated document that authorizes the purchase transaction, and when the seller accepts the terms and conditions indicated therein, it becomes a binding contract between the seller and the buyer. From a single course section to delivery across an entire institution, we offer the integration, support, and training you need. You can print these files. For the next question - click 4. Explanation: Accounts receivable is defined as money owed to a company by its debtors. With input from more than 11 million student users annually, Pearson MyLab creates online learning experiences that are truly personalised and continuously adaptive.
Get fully prepared for your upcoming test with JobTestPrep's comprehensive online practice materials. Business Studies — Download answers. MyLab reacts to how students are actually performing, offering data-driven guidance that helps them better absorb course material and understand difficult concepts. Pearson also provides so you can easily access MyLab Accounting from Blackboard Learn, Brightspace by D2L, Canvas, or Moodle. For the next question - click 2. When a company sells goods on credit, it creates a current asset by the name of accounts receivable and books the corresponding revenue. .
The correct answer is C. Follow: Tweet: Sponsored High Speed Downloads. Which of the following documents authorizes the purchase transaction? The accounting equation is: Assets: Economic value of resources represented in the balance sheet as assets. The Fundamentals Of Accounting Chapter 1 Answer Pearson … The fundamentals of accounting chapter 1 answer pearson book results. Explanation: The amount of net income or net loss is transferred to Retained Earnings, which is an equity account.
There may be tangible assets and intangible assets. The correct answer is D. Slader also offers users the ability to find answers from a specific page on a textbook. Which of the following is an item of working capital? To which account in the Balance Sheet is the net income or net loss transferred to at the end of the accounting period? When the cash is received, the asset is reversed. Don't go into your exam unprepared; practice today and improve your chances of getting the job. For the next question - click 6.
To download the questions to your computer right-click the appropriate question link from each subject homepage and select 'save target as' Apple click on a Mac. To access the questions and answers for reading on-screen or printing: Access the subject area you are interested in either by clicking the appropriate cover or selecting the appropriate subject from the drop-down list. Explanation: Net sales revenue is the amount left after deducting sales discounts and sales returns and allowances from gross sales revenue. The correct answer is C. Liabilities: Economic obligations to be met in the near future for utilizing in the present when there is funds crux. The correct answer is A.
Explanation: Working capital consists of current assets and current liabilities. For the next question - click 3. ? Engage students with immersive content, tools, and experiences Part of the world's leading collection of online homework, tutorial, and assessment products, Pearson MyLab Accounting is designed with a single purpose in mind: to improve the results of all higher education students, one student at a time. The correct answer is A. What would be the net sales revenue of Brown Glory Corp. Follow: Tweet: Sponsored forms · prentice hall realidades 1 videohistoria · the americans chapter 11 outline · chemistry if8766 ideal gas law answers · ap bio chapters · what did you have to score to pass 2009 2010 taks · engine … Read More Pearson Accounting Answer Key Mocsbar Downloads Pearson Accounting Answer Key.
There may be liabilities relating to working capital, Due to Creditors. Explanation: Accounts payable is a short-term obligation. . . . .
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