Ask Experts Questions for FREE Help !
Ask
    Alex13's Avatar
    Alex13 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 13, 2007, 09:30 AM
    Accounts receivable
    An accounts receivable results from the sale of:
    A)Property, plant and equipment for cash
    B)Goods and services to customers on account
    C)Goods and services to customers for cash.
    D)The firm's common stock.
    E)None of the above
    nicespringgirl's Avatar
    nicespringgirl Posts: 1,237, Reputation: 187
    Ultra Member
    		  
    #2

    Dec 13, 2007, 10:15 AM
    Account Receivable has nothing to do with Cash.
    Pay attention to "on account"-key words.

    Okay, I amnot telling you the exact answer, but you should know now.
    mshangle's Avatar
    mshangle Posts: 4, Reputation: 1
    New Member
    		  
    #3

    Dec 13, 2007, 06:31 PM
    The answer is B
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #4

    Dec 17, 2007, 08:39 AM
    Quote Originally Posted by mshangle
    the answer is B
    The answer might be "B." But, maybe it's not. How is providing an answer to a student helping them to learn the lesson that they are supposed to be learning? Wouldn't it be wiser to be guiding the student in the path to the correct answer rather than just giving it to them so that they might learn how to arrive at the correct answer?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounts Payable and Accounts Receivable [ 3 Answers ]

I am Accounting specialist working as processor and reconciliation expert for international organization and Local company's on Accounts PAYABLE AND ACCOUNTS RECEIVABLE . It is presently home base processing centre in toronto will be open in Sri Lanka Too If any body interest on above I...

Accounts receivable- uncollectible accounts [ 6 Answers ]

How can a business protect against uncollectible accounts? Which protection measures do you think are worth the expense?:confused:

What is the difference between accounts payable and accounts receivable? [ 1 Answers ]

What is the difference between accounts payable and accounts receivable?

Accounts Receivable [ 1 Answers ]

On April 30, Holden Company had an Accounts Receivable balance of $18,000. During the month of May, total credits to Accounts Receivable were $52,000 from customer payments. The May 31 Accounts Receivable balance was $13,000. What was the amount of credit sales during May?

View more questions Search