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
Makovka662 [10]
1 year ago
4

the following transactions were completed by hammond auto supply during january, which is the first month of this fiscal year. t

erms of sale are 2/10, n/30.
Business
1 answer:
Ostrovityanka [42]1 year ago
4 0

the following transactions were completed by Hammond auto supply during January, which is the first month of this fiscal year. terms of sale are 2/10, n/30.

A monetary transaction is a settlement, or verbal exchange, between a consumer and dealer to trade goods, services, or property for payment. Any transaction involves an alternate inside the status of the budget of or more businesses or people.[1] An economic transaction always involves one or greater economic assets, maximum usually money or every other valuable item which includes gold or silver.[2]

Learn more about transactions here

brainly.com/question/1016861

#SPJ4

You might be interested in
According to Coach's website, the company has built a distinctive style and prestigious image over the past 40 years to develop
mezya [45]

Answer:

b. hedonic prices.

Explanation:

Hedonic prices -

It refers to the method by which the combined price of the goods and services are taken , in order to measure the implicit price of the non - market goods , is referred to as hedonic prices .

The model helps to predict the quantitative values for the environmental or ecosystem services which is capable to affect the market prices for homes .

Hence , from the given scenario of the question ,

The correct answer is hedonic prices .

5 0
3 years ago
On June 3, Arnold Company sold to Chester Company merchandise having a sale price of $3,000 with terms of 2/10, n/60, f.o.b. shi
IgorC [24]

Answer:

<u>Journal entries for Arnold Company:</u>

June 3, merchandise sold to Chester Company

Dr Accounts receivable 3,000

    Cr Merchandise inventory 3,000

Dr Cost of goods sold XXX (not specified)

    Cr Sales Revenue 3,000

June 12, payment received from Chester Company

Dr Cash 2,940

Dr Sales discounts 60 ($3,000 x 2%)

    Cr Accounts receivable 3,000

<u>Journal entries for Chester Company:</u>

June 3, merchandise purchased from Arnold Company

Dr Merchandise inventory 3,000

    Cr Accounts payable 3,000

June 8, shipping invoice received

Dr Merchandise inventory 90

    Cr Accounts payable

June 12, payment made to Arnold Company

Dr Accounts payable 3,000

    Cr Cash 2,940

    Cr Purchase discounts 60

June 12, payment made to John Booth transport

Dr Accounts payable 90

    Cr Cash 90

4 0
3 years ago
To achieve the social optimum, the government could set a tax equal to ________ per unit sold.
belka [17]

To achieve the social optimum, the government could set a tax equal to $6 per unit sold.

Explanation:

The social optimum seems to be the distribution chosen by a good social planner who is limited by resources allocation only. In particular, the social optimum can not be achieved if there are limitations on the social planner's policy tools.

Proponents of significant increases or cuts in the United States marginal tax rates have long provided statistical evidence of the existence of their proposals.

The elasticity of earned income figures was actually a relatively new description of behavioral reactions to marginal taxes that have historically been studied.

7 0
3 years ago
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month
kkurt [141]

Answer:

$114 unfavorable

Explanation:

For computing the overall variable overhead efficiency variance  first we have to need to find out the standard variable overhead rate which is shown below:

= ($11,680 + $41,900) ÷ 4,700 hours

= $11.4

Now the  variable overhead efficiency variance is

= standard variable overhead rate × (Actual machine hours - standard machine hours)

= $11.4 × (4,740 machine hours - 4,730 machine hours)

= $114 unfavorable

This unfavorable indicates the actual hours are more than the standard hours

6 0
3 years ago
Is it true that taking an existing business global has many of the same challenges as starting a new business?
professor190 [17]

Yes because most likely if the existing company is not already global then it probably does not have a very big name so you will have t restart in trying t get another audience and advertise your business to them. Sorry if this isnt right.


6 0
3 years ago
Other questions:
  • A(n) _______ list can help you gain an understanding of contacts who met a certain criteria on a particular date. Then you can l
    12·1 answer
  • Compare and contrast the greek philosophy with the philosophy of feudalism
    14·1 answer
  • Vinny is interviewing for a job. He wants his take-home pay to be at least $42,000. What is the least salary he can earn if he p
    10·2 answers
  • The balance of payments is a record of:___________
    5·1 answer
  • American​ Exploration, Inc., a natural gas​ producer, is trying to decide whether to revise its target capital structure. Curren
    11·1 answer
  • Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity. Plan Y is an annuity la
    14·1 answer
  • The preferred stock of a company pays a $2.75 quarterly dividends. If the preferred stockholders' required return is 7.25% for t
    13·1 answer
  • Favaz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manu
    14·1 answer
  • BOGO Inc. has two sequential processing departments, roasting and mixing. At the beginning of the month, the roasting department
    9·1 answer
  • What coverage under the motor carrier coverage form provides physical damage coverage for non-owned trailers and equipment in th
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!