Answer:
Statement is given below.
Explanation:
Prepare the necessary journal entries as shown below:
Date Accounts Title and Explanation Ref. Debit Credit
a Accounts Receivable $ 8:780
Sales Revenue $ 8380
(To record the sales made on account)
Sales Returns and Allowances $ 215
Provision for Sales Return and Allowances $ 215
vTo record the estimated allowance on sales
b Sales Returns and Allowances ($722-$215) $ 507
Provision for Sales Return and Allowances $ 215
Accounts Receivable $ 722
(To record the allowance granted towards sales
returns)
c No entry
(Since the cash is not received and hence no
adjustment needed)
Answer:
multinational market regions.
Explanation:
It is the region where it deals with the groups countries that have seeks with regard to the mutual economic benefit arise from decreasing the trade and the trade barriers. Also the countries are looking for alliances in order to diversify the access to the free markets
Answer:
Take actions by sending the due payments to a collection company.
Explanation:
Collection companies specialise in recovery of funds that are due. These companies can be used by lenders or creditors to get back their money from clients.
The creditor pays the collection company an agreed percentage of funds recovered.
In this scenario staff have not been enforcing the payment policies and patients are not familiar with the requirements or the reasoning behind these policies.
There is a need for specialists that are conversant with the policies to make the collection process efficient
They are made out of industrial screwdriver blades and they have screws in them that help them seal up things that are broken
