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Artemon [7]
2 years ago
13

When using the gross method, the journal entry to record taking a discount when paying for goods previously purchased on account

includes a ______. (Check all that apply.)
Business
1 answer:
bagirrra123 [75]2 years ago
4 0

Good record entry is important in business, adjusting entries will include record of goods that was previously purchased.

<h3>What is Journal entry?</h3>

Journal entry contains business details or data to a single business transaction. It includes the date, the amount payable for a particular good and the amount to be debited.

Adjusting entries include records that has changes to accounts that are not otherwise accounted for in the journal earlier.

Therefore, Adjusting entries will record taking a discount when paying for goods previously purchased.

Learn more on Journal entry here,

brainly.com/question/14279491

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Your company has a cost differentiation strategy regarding its products. there are several new entrants into your saturated mark
gtnhenbr [62]

1) Change the nature of the product

2) Give away discounts

3) Reduce the price of the product compared to the competitiveness of the market

7 0
3 years ago
The Consumer Price Index (CPI) is best used to determine
nlexa [21]

The answer is<u> "B) the rate of inflation".</u>


Inflation alludes to a general increment in the Consumer Price Index (CPI), which is a weighted normal of costs for various products. The arrangement of products that make up the record relies upon which are viewed as illustrative of a typical utilization crate. Therefore, contingent upon the nation and the utilization propensities for most of the populace, the file will include diverse merchandise. A few merchandise may record a drop in costs, though others may build, along these lines the general estimation of the CPI will rely upon the heaviness of every one of the products as for the entire bin. Yearly expansion, alludes to the percent change of the CPI contrasted with that same month of the earlier year.

8 0
3 years ago
Read 2 more answers
The relationship between the natural environment and business organizations can best be described as:_________
Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.  

Similarly, the natural environment utilizes the products and services of business organizations for continued development.  Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

c. Interdependent

d. Unconnected

6 0
2 years ago
Universal Containers (UC) has a custom, internal-only, mobile billing application for users who are commonly out of the office.
saw5 [17]

Answer:

A,D

Explanation:

The two solutions that should be recommended when a app is configured as a Connected App in Salesforce. In regards to the nature of this app, UC would prefer to take the suitable or right measures to properly secure access to the app are as follows:

A. The Use Google Authenticator as an added part of the login process.

D. Also Setting Login IP Ranges to the internal network for every of the app users’ Profiles.

A connected app is known as a framework that authorize or allow an external application to merge or blend with Salesforce using APIs and also standard protocols, such as OpenID Connect, SAML, OAuth.

Connected apps make use of these protocols to perform some actions such as authenticate, authorize, and also provide single sign-on (SSO) for external apps.

4 0
3 years ago
M1 and M2 are two definitions of the money supply.
Alex787 [66]

Answer: Please refer to Explanation

Explanation:

M1 is the narrowest definition of money supply. It refers to the most liquid or instruments and includes actual currency as well as money in checking accounts.

M2 is the next type of of money. It includes EVERYTHING in M1 and then also includes savings deposits, time deposits, and money market funds.

Now,

Classifying the above will go as,

Gold - Neither M1 or M2

Traveler's check - M1 and M2

Balance in savings accounts - M2 only

Money market account balance - M2 only

Credit cards - Neither M1 or M2

Common stock - Neither M1 or M2

Certificates of deposit - M2 only

Currency - M1 and M2

Balance in Checking accounts - M1 and M2

It is worthy of note that there is no M1 only. This is because as stated in the definition, all M1s are in M2.

5 0
3 years ago
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