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
STatiana [176]
2 years ago
13

Pool Corporation, Inc., is the world's largest wholesale distributor of swimming pool supplies and equipment.

Business
1 answer:
Ad libitum [116K]2 years ago
6 0

The journal entries are shown below:

Bad debt expense A/c Dr  $3,378

 To Allowance for doubtful debts A/c  $3,378

(Being bad debt expense is recorded)

Allowance for doubtful debts A/c  Dr $4,510

     To Account receivable A/c $4,510

(Being written off amount is recorded)

2. The computation of the net sales is shown below:

= Gross sales - sales discount - sales return - credit card fees

= $140,756 - $1,344 - $996 - $2,129

= $136.287

A journal entry is the act of preserving or making facts of any transactions either monetary or non-monetary. Transactions are indexed in an accounting magazine that shows a organization's debit and credit score balances. The magazine entry can include numerous recordings, every of which is both a debit or a credit.

A journal entry is used to record a commercial enterprise transaction in the accounting information of a commercial enterprise. A magazine entry is commonly recorded in the trendy ledger; as a substitute, it can be recorded in a subsidiary ledger that is then summarized and rolled ahead into the general ledger.

Learn more about  journal entries here brainly.com/question/14279491

#SPJ4

You might be interested in
Question 11 of 20
Inessa [10]

Answer: Gus should keep the files A. and D.

Explanation:

I don’t believe that he should keep B. due to D. showing an update to B. so, he shouldn’t keep B. so that he doesn’t get confused by both B. and D. being in the files.

8 0
1 year ago
A study finds that at a price of $10, 100 t-shirts are sold. at a price of $5, 300 t-shirts are sold. how many t-shirts can you
Trava [24]

The number of t-shirts that one can assume are sold at a price of $7 will be 220

<h3>What is price?</h3>

It should be noted that price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a business transaction, its price is most likely to be referred to as such.

In this case, it should be noted that the higher the price of a particular good, there'll be a reduction in the quantity that will be demanded.

Therefore, the most likely value will be $220. In conclusion, the correct option is A.

Learn more about price on:

brainly.com/question/1153322

#SPJ1

A study finds that at a price of $10, 100 t-shirts are sold. At a price of $5, 300 t-shirts are sold. How many t-shirts can you assume are sold at $7?

A. 220

B. 200

C. 180

D. 160

3 0
1 year ago
There are a variety of types of conflict that can occur among channel members. If a hardware store down the street from our ice
Mamont248 [21]

Answer:

conflict caused by the hardware store adopting "scrambled merchandising" marketing.

Explanation:

Scrambled merchandising occurs when a shop sells a good that is not the usual type of products it sells. A store owner may adopt scrambled merchandising to utilise unused space or to increase bottom line.

When a store owner sells many unrelated goods it gives the buyer the impression that the seller does not specialise in a particular type of product.

The conflict in this case arises through scrambled merchandising. A hardware store starts to sell ice cream like our own business.

6 0
3 years ago
Connor and demi are employees of ecocrop corporation. under the equal pay act, ecocrop can legitimately pay different wages on t
mylen [45]

Connor and demi are employees of Eco crop corporation. under the equal pay act, Eco crop can legitimately pay different wages on the basis of seniority.

What is a Wages?

A wages is the amount of money that an employer agrees to pay a worker in exchange for their services. Actual earnings come in a variety of forms, including the following:

  • Piece rates are the remuneration given in accordance with the job completed by the employee. The quantity of units generated by the employee is taken into account while calculating the piece rate.
  • Time earnings are earned when a worker is compensated for his or her labor in accordance with the passing of time. For instance, time wages would apply if the worker received 35 rupees  per day.

Learn more about Wages here:

brainly.com/question/15431287

#SPJ4

6 0
2 years ago
Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a
Liono4ka [1.6K]
Mark appears to be suggesting that Lite Bite use an "<span>administered distribution system".
</span><span>Administered distribution system refers to  a system in which the maker or producer deals with the all of the marketing functions at the retail level. This gives the maker more control over the way its items are valued, shown, and advanced. Sometimes retailers willingly agree to this approach since it implies that makers give them a considerable measure of promoting help for nothing or free.
</span>
3 0
3 years ago
Other questions:
  • On April 1, 9,000 shares of $7 par common stock were issued at $26, and on April 7, 5,000 shares of $70 par preferred stock were
    9·1 answer
  • Fixed cost refers to: Group of answer choices the consideration exchanged for the ownership or use of a good or service. total e
    7·1 answer
  • At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: o
    6·1 answer
  • Name the four factors that affect population growth.
    10·1 answer
  • Ben quit his job as an economics professor to become a golf professional. He gave up his $30,000 salary and invested his retirem
    7·1 answer
  • How do political factors affect businesses
    15·1 answer
  • Which of the following is an example of institutional advertising?
    8·2 answers
  • Dulce Company produces chocolate. Each pound of chocolate requires 400 cocoa beans (the unit quantity standard) and 0.15 labor h
    5·1 answer
  • Line Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Lia
    7·1 answer
  • Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!