Answer:
The Journal entries are as follows:
(i) Sales revenue A/c Dr. $900
To Cash $900
(To record the correction in sales revenue)
(ii) Merchandise Inventory A/c Dr. $200
To Cost of Goods sold $200
(To record the merchandise returned)
Note:
(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.
(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.
The form of promotion that would work for technical products like automobiles is b. Informative promotion.
<h3>What is informative promotion?</h3>
This is where features of the good being advertised are elaborated on to ensure the viewer understands the product's functionality.
This is useful for technical products like computers and cars as there is a need for customers to know what makes them better.
Options for this question include:
a. Persuasive promotion
b. Informative promotion
c. Connective promotion
d. Reminder promotion
Find out more on types of promotion at brainly.com/question/11131986
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Answer:
So they know what do when they fight back or attack
Answer:
planning publicity strategies and campaigns. writing and producing presentations and press releases. dealing with enquiries from the public, the press, and related organisations. organising and attending promotional events such as press conferences, open days, exhibitions, tours and visit.
Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
