The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
<h3>Journal entry</h3>
Based on the information given the correct entry to record this transaction is:
Debit Cash $1313
{$1300+[($1300×4%)-($1300×3%)]}
[$1300+($52-$39)]
Debit Sales Discount $39
($1300×3%)
Credit Accounts Receivable $1352
[$1300 + ($1300×4%)]
Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
Learn more about journal entry here:brainly.com/question/9701045
The answer is a valid contract. A valid contract occurs when
both parties has expressed or had shown agreement when engaging to certain
services or products as means of showing that they both have negotiate and came
to an understanding of agreement with what they are pertaining to in which is
shown above as the adults involved has an agreement of paying the bicycle that
shows a valid contract.
Answer:
5.31%
Explanation:
FV = 1000
Coupon rate = 5.7%
No of compound = 2
Interest per period = $28.5
Bond price = $1048
No of years to maturity = 20
No of compounding till maturity = 40
Coupon rate set on new bonds = Rate(Nper, PMT, -PV, FV) * 2
Coupon rate set on new bonds = Rate(40, 28.5, -1048, 1000) * 2
Coupon rate set on new bonds = 0.02655 * 2
Coupon rate set on new bonds = 0.0531
Coupon rate set on new bonds = 5.31%
Answer:
Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims
Answer:
$21.9275
Explanation:
The cost of online banking is $39.99
The cost of checks books is $17.95 per 100. The cost associated with 25 checks
= $17.25/100 x 25
=0.1725 x 25
=$4.3125
The cost of a stamp is 50 cents, which is $0.50
for 25 checks
=$0.50 x 25
=$12.5
The writing fee
=$0.05 x 25
=$1.25
Total cost of using checks
= $4.3125 + $12.5 +$1.25
=$18.0625
the difference between online banking and checks
= $39.99 - $18.0625
=$21.9275
