Answer: a. . Both discount on note receivable and deferred charge.
Explanation:
To correctly account for this transaction both the discount and the deferred charge should be recorded.
The note is a non-interest bearing note which means that profit will only be made on it if it was bought on a discount with the full amount due for refund at maturity. To correctly account for this then the discount rate must be recorded to ensure that the discount is recognized.
Jole Co. also made a commitment to purchase a fixed amount of goods at 10% which means that there is now a purchase commitment which has to be recognized in the books so they must record that deferred charge as well.
Answer:
A, multiple-sense approach
Explanation:
Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.
By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.
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A shift in the number of vendors in a market affects the quantity offered at each price and, consequently, the supply. The supply curve moves to the right as the number of suppliers of an item or service rises.
<h3 /><h3>What is
supply curve?</h3>
Supply curve is the correlation between the goods and services supplied in a particular quantity for a period of the time. Maximum the quantity supplied is in the horizontal axis and the price is on the vertical axis.
Thus, A shift in the number of vendors in a market affects the quantity
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Answer: C. 60 years old
Explanation: A person that has grandchildren is likely to be old. They will most likely be over 60 years old, and definitely not be under 30 years old.
Answer:
Sales will be equal to 8900 gallons
Explanation:
We have given hardware purchased = 8400 gallons
The store had 3200 gallons on hand at the beginning of the of march
So opening stock = 3200 gallons
And expected to have 2700 gallons at the end of march
So closing stock = 2700 gallons
So sales = purchases + opening stock - closing stock = 8400 + 3200 - 2700 = 8900 gallons
So sales will be equal to 8900 gallons