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Pepsi [2]
2 years ago
11

On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man, who pays in cash.

The sale is subject to a 9.75 percent sales tax. Prepare the revenue portion of the journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Business
1 answer:
Andrej [43]2 years ago
8 0

Date       -     Account Title         -        Debit        -     Credit

Feb 13

                     Cash                        -      $10,975      -

                     Sales                       -                          -    $10,000

                     Sales Tax Payable -                          -     $975

What is a Drop-down menu?

A drop-down list (abbreviated drop-down, or DDL; also known as a drop-down menu, drop menu, pull-down list, picklist) is a graphical control element, similar to a list box, that allows the user to choose one value from a list.

When a drop-down list is inactive, it displays a single value. When activated, it displays (drops down) a list of values, from which the user may select one.

When the user selects a new value, the control reverts to its inactive state, displaying the selected value. It is often used in the design of graphical user interfaces, including web design.

To learn more about Drop-down menu: brainly.com/question/17116743

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When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a pictur
meriva

The question is incomplete:

When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.

A) POS systems

B) social shopping

C) e-commerce

D) e-menus

E) direct selling

Answer:

A) POS systems

Explanation:

-POS System refers to the equipment and software that retailers use in their stores to register the sales. This system has the information about the sales, the inventories and CRM.

-Social shopping is a method that is used for online shopping that tries to involve friends in the purchasing experience.

-E-commerce  refers to purchasing and selling goods online.

-E-menus is a system used by restaurants that allows to order food through an electronic device.

-Direct selling refers to selling directly to consumers without using intermediaries.

According to this, the answer is that the use of POS systems makes this possible because these systems have the information from stores like sales and inventory that allows to analize people's buying habits.

5 0
3 years ago
which combination of forecasting models is likely to lead to the lowest rmse of the combined forecast?
Phantasy [73]

Combination of forecasting models is likely to lead to the lowest rmse of the combined forecast is AR and MA models.

Combining forecasts, from time to time called composite forecasts, refers back to the averaging of unbiased forecasts. These forecasts may be primarily based totally on special statistics or special techniques or both. The averaging is performed the usage of a rule that may be replicated, together with to take a easy common of the forecasts.

The AR element includes regressing the variable on its very own lagged (i.e., past) values. The MA element includes modeling the mistake time period as a linear mixture of mistakess phrases going on contemporaneously and at diverse instances withinside the past.

Learn more about forecasting here:

brainly.com/question/4941976

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8 0
1 year ago
Steady​ Company's stock has a beta of 0.18. If the​ risk-free rate is 6.1 % and the market risk premium is 6.9 %​, what is an es
ahrayia [7]

Answer:

Steady​ Company's cost of​ equity is estimated to be 7.342%

Explanation:

The cost of equity is the return that is required by the holders of common stock in the company.

<em>Cost of Equity = Return on Risk free Securities + Beta × Risk Premium</em>

                       =  6.1 % + 0.18 × 6.9 %

                       = 7.342%

Therefore, Steady​ Company's cost of​ equity is estimated to be 7.342%.

6 0
3 years ago
Suppose HEB considers expanding the capacity of its fresh sushi making equipment at its stores at the corner of SPID &amp; Stapl
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Answer: Option 2

Explanation: since the production cost is the same once installed, the highly specialised equipment purchased will help HEB produce more sushi.

3 0
3 years ago
Refer to table 17-14. which outcome is the nash equilibrium in this game?
lora16 [44]
What table are you talking about?
7 0
3 years ago
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