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1 year ago

The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with _____.

1 answer:

8 0

The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.

<h3><u>What is a merchandise?</u></h3>

Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.

Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.

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What is the book of first entry

taurus [48]

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

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2 years ago

How is creating a report with the report wizard different from creating one with the report button?

pickupchik [31]

The creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.

<h3>What is a report wizard?</h3>

This refers to the self-service reporting solution that enables users to create business reports quickly and efficiently.

However, the creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.

Read more about report wizard

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1 year ago

During global culture training for a group of employees who are being transferred to Egypt, Charmaine, the HR training manager,

joja [24]

Answer: Option E

Explanation: Cultural training refers to the training that is given to an individual for informing them about other cultures know-how.

In the Arab culture, the holding of hands is considered as an act of giving respect to others. It is considered as showing devotion and equality to the opposite party. Such acts comes from the well known hospitality culture of Arabic countries.

Thus, from the above we can conclude that the correct option is E.

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3 years ago

Consider the markets for three products below. Indicate which characteristics of a competitive market are met by these markets.

Orlov [11]

Answer:

Market : Gasoline

b. Standardized good

c. Full information

e. Participants are price takers.

Market : Barbershop haircuts

a. Large number of buyers

c. Full information

Market : Bicycles

a. Large number of buyers

b. Standardized good

c. Full information

d. No transaction cost

Explanation:

The three markets will have different characteristics which will cause the competition. The Gasoline market has standardized product and the customers are price takers. Usually the prices are fixed for the products and there is no bargaining.

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2 years ago

A team of people is giving a presentation to a client. One member says to a coworker, open double quote"I can't believe we've fi

Alexxandr [17]

Answer:

Letter C is correct. <u>Adjourning.</u>

Explanation:

The stage of adjourning t is characterized by the final stage of project development. When this is over the team disperses, so at this stage there is often a sense of loss by team members, who have formed bonds of rapprochement and friendship throughout the development of the project and at the end of the experience develop a sense of loss.

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3 years ago