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Elodia [21]
3 years ago
9

Explain how e-business has created a new type of strategic alliance among companies.

Business
1 answer:
cluponka [151]3 years ago
3 0

Explanation:

E-Business is taking a big space in the market. Now we can order anything from the comfort of our home. E-businesses work on strategic alliance among companies.

For example one company will come up with an idea of selling makeup and skincare products online. The other well established makeup brands will collaborate with the online merchant and all the products will be displayed. So there are more than one company working on a same platform.

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The following selected transaction were completed by gourmet company during January of the current year:
Eduardwww [97]

Answer:

January 1.

Merchandise $65,000 (debit)

Accounts Payable -  ALMIS Co.  $65,000 (credit)

January 2.

Merchandise $65,000 (debit)

Freight Charges Paid in Advance $650 (debit)

Accounts Payable -  AlFA. Co.  $65,000 (credit)

Cash $650 (credit)

January 3.

Merchandise $91,000 (debit)

Accounts Payable -  fogel Co.  $91,000 (credit)

January 4.

Accounts Payable -  fogel Co.  $7,000 (debit)

Merchandise $7,000 (credit)

January 5.

Accounts Payable -  AlFA. Co.  $65,000 (credit)

Discount Received $1,300 (credit)

Cash $63,700 (credit)

January 6.

Accounts Payable -  fogel Co.  $84,000 (credit)

Discount Received $1,600 (credit)

Cash $82,400 (credit)

January 7.

Merchandise $82,900 (debit)

Freight $750 (debit)

Accounts Payable -  u I trust Co.  $82,900 (credit)

Accounts Payable - Carrier Service Provider $750 (credit)

January 19

Accounts Payable - Carrier Service Provider $750 (debit)

Cash $750 (credit)

January 9

Merchandise $10,000 (debit)

Accounts Payable -  Lenn Co.  $10,000 (credit)

January 10

Accounts Payable -  Lenn Co.  $10,000 (credit)

Discount Received $100 (credit)

Cash $9,900 (credit)

January 31

Accounts Payable -  u I trust Co.  $82,900 (debit)

Cash $82,900 (credit)

Explanation:

When Merchandise is Purchased on Account, Recognize the Assets of Merchandise and Recognize the Liability owing to the Supplier.

When Merchandise is finally paid for, De-recognize the Liability owing to the supplier (less discount applicable) and also De-recognize the Assets of Cash.

4 0
3 years ago
Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
Nikitich [7]

Answer:

$12,900

Explanation:

Calculation for the amount of accounts receivable written off during the year

Beginning Balance $5,600

Add Bad debt expense $12,000

(2% x $600,000)

Less End-of-year balance ($4,700)

Accounts receivable written off $12,900

($5,600+$12,000+$4,700)

Therefore the amount of accounts receivable written off during the year will be $12,900

8 0
3 years ago
1.How does a teacher maintain the quality of education. write in brief.
stiks02 [169]

Answer:

Explanation:

Simple Guidelines To Improve Teaching Quality and Effectiveness In The Classroom

Introduce technology in the classroom. ...

Personalise the learning experience of the students. ...

Involve Parents in The Classroom. ...

Empower students to be active learners.

7 0
2 years ago
Toan Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at t
Lerok [7]

Answer:

$129,000

Explanation:

The computation of the unadjsuted cost of goods sold is shown below:

Before that we need to compute the total cost and cost per unit which are as follows

Total cost

= Beginning balance + Direct materials + Direct labor + Manufacturing overhead cost applied

= $66,700 + $494,500 + $158,700 + $269,100

= $989,000

And, Units completed is 23,000 units

So, the cost per unit is

= Total cost ÷ Number of units completed

= $989,000 ÷ 23,000 units

= $43

And, the number of units sold is 3,000 units

So, the cost of good sold unadjusted is

= Number of units sold × cost per unit

= 3,000 units × $43

= $129,000

5 0
3 years ago
You are offered Birr 1,000 today, Birr 10,000 in 12 years, or Birr 25,000 in 25 years. Assuming that you can earn 11 percent on
Usimov [2.4K]

Based on the amounts that you are offered and their present values, the offer you should pick is Birr 10,000 in 12 years.

<h3>Which offer should you pick?</h3>

You should pick the offer with the highest present value.

Offer 1 present value:

= Birr 1,000

Offer 2 present value:

= 10,000 / (1 + 11%)²

= Birr 2,858

Offer 3 present value:

= 25,000 / (1 + 11%)³

= Birr 1,840

In conclusion, option 2 has the highest present value and so should be picked.

Find out more on present value calculations at brainly.com/question/27821989.

#SPJ1

4 0
1 year ago
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