Prepare the Summary Entries Necessary to Determine the Amount of Cash

question 182

Essay

Prepare the summary entries necessary to determine the amount of cash received from customers for each of the four independent situations below. $$\begin{array} { | l | l | l | l | } \hline \text { Situation }& \begin{array}{l}\text { Sales }\\\text { revenue }\end{array} & \begin{array} { c } \text { Accounts } \\\text { receivable } \\\text { incr. } \\\text { (decr.) }\end{array} & \begin{array} { c } \text { Cash } \\\text { received } \\\text { from } \\\text { customers }\end{array} \\\hline 1 & 200,000 & 10,000 & ?\\\hline 2 & 200,000 & ( 10,000 ) & ? \\\hline 3 & 100,000 & ( 15,000 ) & ? \\\hline 4 & 100,000 & 15,000 & ? \\\hline\end{array}$$

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Definitions:

Sensory Neurons

Nerve cells that transmit sensory information (sight, sound, touch, taste, and smell) from the periphery to the central nervous system.

Motor Neurons

Nerve cells that transmit impulses from the brain or spinal cord to muscles or glands, enabling movement and action.

Afferent;efferent

Afferent refers to conducting signals towards a central point (e.g., nerves that carry sensory information to the brain), while efferent refers to conducting signals away from a central point (e.g., nerves that carry motor signals from the brain to muscles).

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, governing both voluntary actions and involuntary responses.