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2 years ago

Where will your transactions take place? Is the purchaser the user of your product/service?

1 answer:

8 0

The transactions take place in the clothing store at the payment counter of the store. The purchaser act as the user of the product bought from the store.

<h3>What is a transaction?</h3>

A transaction is an event where a person buys or sells the product for which he/she makes or gets the payment in return.

When an individual buys a product from a clothing store, then he/she goes to the payment counter for paying the bill. This shows a transaction at the where he/she got the product and the clothing store got the money for it. The individual who buys the clothing product act as a user of a product because he/she takes it for his/her personal use.

Therefore, after paying the bill for the product at the counter, the transaction initiates and the purchaser becomes the user of the product.

Learn more about a transaction in the related link:

brainly.com/question/24730931

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4 years ago

A Japanese company has a bond outstanding that sells for 90 percent of its ¥100,000 par value. The bond has a coupon rate of 5.7

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Answer:

The yield to maturity of this bond is 6.55%

Explanation:

Yield to maturity is the rate of expected return on a bond which is held until the maturity. It is considered as a long term return and expressed in annual terms.

According to given data

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4 years ago

Current Attempt in Progress The ledger of Windsor, Inc. on March 31, 2017, includes the following selected accounts before adjus

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Answer:

31-Mar

Dr Insurance expense $ 330

Cr Prepaid Insurance $ 330

31-Mar

Dr Supplies expense $ 1,865

Cr Supplies $ 1,865

31-Mar

Dr Depreciation expense $ 170

Cr Accumulated Depreciation - Equipment $ 170

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Dr Unearned Service Revenue $ 4,640

Dr Service Revenue $ 4,640

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Journal entries

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Dr Insurance expense $ 330

Cr Prepaid Insurance $ 330

31-Mar

Dr Supplies expense $ 1,865

(2,820-955)

Cr Supplies $ 1,865

31-Mar

Dr Depreciation expense $ 170

Cr Accumulated Depreciation - Equipment $ 170

31-Mar

Dr Unearned Service Revenue $ 4,640 (11,600*2/5)

Dr Service Revenue $ 4,640

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