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2 years ago

Which feature helps streamline the purchasing process once a customer approves an estimate?

1 answer:

4 0

The feature helps streamline the purchasing process once a customer approves an estimate is Copy to purchase order from an estimate. Thus the correct answer is B.

<h3>What is a customer?</h3>

A customer refers to a person who purchases the product. He may or may not utilize the product. The final user of any product is referred to as a consumer.

Once your estimate has been approved by the client, you can quickly copy it to a purchase order to speed up the procedure. Purchase orders only receive copies of products that are clearly indicated as vendor purchases.

Therefore, option B Copy to purchase order from an estimate is appropriate to answer.

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The complete question is Question 1

Which feature helps streamline the ordering process once a customer approves an estimate?

Price Rules

Copy to purchase order from an estimate

Automatic Purchase Orders

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Coffee and tea are substitutes for consumers. An increase in the price of coffee coupled with an increase in the number of tea g

hammer [34]

Answer:

Explanation:

As the coffee prices are relative higher than what it actually ends up paying, person will pay above their face value to obtain. Same will apply the same idea for that concept.

As tea is also icnreases we will pushed there.

In the long term we should review how this is done as usually end up here and allone

Therefore the compete sentences will be:

An increase in the price of coffee coupled with an increase in the number of tea growers the lower adverzare will occur within a year Also, we could check for it at 12.600

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3 years ago

why is allowance for doubtful accounts credited, instead of accounts receivable, when recording the adjusting entry for bad debt

alukav5142 [94]

The allowance for doubtful accounts credited, instead of accounts receivable when recording the adjusting entry for bad debts Because accounts receivable is made up of numerous client accounts, it cannot be credited unless it is known which particular customer will not pay.

The provision for questionable accounts is referred to as a "counter asset" since it reduces the value of an asset, in this example, the accounts receivable. The compensation, often known as a doubtful account, is management's projection of the amount of accounts receivable that customers will not pay. Let's assume, using the aforementioned example, that on June 30 a business reports an accounts receivable debit balance of $1,000,000. The business predicts that $50,000 will not be converted into cash and expects some consumers won't be able to pay the full amount.

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1 year ago

Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as foll

gavmur [86]

Answer:

1-a. ACME corporation is 1.26

Wayne corporation is 1.09

1-b. ACME corporation

Explanation:

ACME ($ in millions) Wayne ($ in millions)

Total current assets $ 12,987 $ 8,258

Total current liabilities $ 10,301 $ 7,545

1-a) Formula for calculating current ratio: Current ratio = Current assets ÷ Current liabilities

ACME corporation, current ratio = $ 12,987 million ÷ $ 10,301 million = 1.26

Wayne corporation, Current ratio = $ 8,258 million ÷ $7,545 million = 1.09

1-b. The higher the current ratio, the better the liquidity position. ACME corporation has the better ratio.

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3 years ago

Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 cred

cestrela7 [59]

Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement

Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.

Bad debts expense = Estimated bad debts - credit balance in allowance account

Bad debts expense = $1,000 - $50

Bad debts expense = $950

Journal Entry

General journal Debit Credit

Bad debts expense $950

Allowance for Doubtful accounts $950

(Bad debts expense recorded)

The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.

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2 years ago

Why do you want to work for the department of finance and administration?

eduard

An individual would likely want to work for the department of finance and administration if the individual is interested in this field in which he or she will likely take on the job of managing finances such as budget, finance reports and as well as accounting, in a way that it will help a company or organization to have someone deal with how the money circulates or managed in the company.

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3 years ago