1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MakcuM [25]
1 year ago
9

A $23 credit to sales was posted as a $230 credit. By what amount is the sales account in error?

Business
1 answer:
Anni [7]1 year ago
6 0

Rs 253 must be debited to his account .

Rs ( 23+230)= 253

A $23 credit to sales was posted as a $230 credit.In this case, the transaction was recorded on the wrong side with wrong amount. Thus Rs 253 must be debited to his account .

Rs ( 23+230)= 253.

  • Credit sales refer to a sale in which the amount owed will be paid at a later date. In other words, credit sales are purchases made by customers who do not render payment in full, in cash, at the time of purchase.
  • It is common for credit sales to include credit terms. Credit terms are terms that indicate when payment is due for sales that are made on credit, possible discounts, and any applicable interest or late payment fees.

To know more about visit:

brainly.com/question/28197660?

#SPJ4

You might be interested in
Which term describes the seller's ability and desire to sell goods and services.A. supply
Fittoniya [83]
Out of the following choices given, the term that describes the seller's ability and desire to seel good and services is called demand. The answer will be B.
7 0
3 years ago
Read 2 more answers
A supply curve shows the relationship between the​ ______ and​ _____ when all other influences on selling plans remain the same.
adelina 88 [10]

Answer:

Price

Quantity supplied

Explanation:

The supply curve plots price on the vertical axis and quantity supplied on the horizontal axis.

The supply curve is upward sloping. This indicates the law of supply which says, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

8 0
2 years ago
A builder only has a few properties available in a development. He feels that it is no longer necessary to have his onsite sales
USPshnik [31]

Answer:

An open listing

Explanation:

In real estate an open listing is one in which the owner of a property contracts more than one agent to sell the property. The agent with the winning bid will eventually sell the property.

The opposite of this is the exclusive listing where the property owner only engages one agent to sell the property.

In the given scenario the builder feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. Thereby allowing all of the local firms to market these properties.

This is an open listing

5 0
2 years ago
As part of an advertising campaign, a plane flew over the beach in Ocean City trailing a banner that read: "Boardwalk Bistro wil
bogdanovich [222]
Bistro's first banner was a form of a unilateral contract. This means that the banner was a legally enforceable promise between two parties where one party will perform the requirement and the other (Bistro) would pay.

For the given situation, Daisy substantially performed the required task and therefore, Bistro is not allowed to revoke the offer.

Based on the above, the statement that <span>best describes Daisy's and Bistro's rights in this situation is:
</span><span>Bistro cannot revoke the offer because Daisy has substantially performed the requested action.</span>
3 0
3 years ago
Which budgeting approach requires justification for all expenditures
Kitty [74]

Answer:

i would love to help you but i dont know the answer

7 0
2 years ago
Other questions:
  • Suppose Toyota built a new automobile plant in Mexico using Japanese management practices, Canadian capital, and Mexican labour.
    13·1 answer
  • How does the Small Business Administration (SBA) categorize some types of insurance needs?
    14·2 answers
  • This private, not-for-profit organization is committed to developing and maintaining practical, customer-focused standards to he
    8·1 answer
  • Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo
    14·1 answer
  • Net worth is the difference between your assets and your liabilities
    5·1 answer
  • Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of €512,100. The U.
    5·1 answer
  • The topic of email is written in _________________.
    11·2 answers
  • Any one Indian here I'm from India.​
    13·1 answer
  • How to calculate rate of return.
    6·1 answer
  • When power or influence within an organization flow to individuals or leaders who have the ability to help an organization or gr
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!