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1 year ago

which type or types of inventory timing system requires the user to record two journal entries every time a sale is made.

1 answer:

8 0

According to the claim, a perpetual inventory timing system necessitates that the user enter two journal entries for each transaction.

<h3>What are commercial sales?</h3>

Business Sales refers to the in-home sale of Company Products by the Company or its Affiliates. Business Sales refers to sales made while conducting business, and (ii) GAAP must be followed when determining whether a corporate sale has already been completed before or after the closing.

<h3>What is a job in sales?</h3>

Presenting and marketing products and services prospective potential consumers is a part of the sales profession. You are frequently responsible for generating leads and hitting sales goals when working in sales.

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five paragraph in which you describe the business, target markets, what the company could do to improve, utilizing basic marketi

ratelena [41]

To write an essay on business, target markets and strategic advantages using marketing research you can conduct online research on company websites, business news and trusted websites to form your ideas consistently.

<h3>How does conducting marketing research help companies?</h3>

It is essential that before entering the market or developing new products and services, organizations develop marketing research to better understand the characteristics of the market, the public, their needs and desires, in order to segment the market in a way that is aligned with the location.

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6 0

2 years ago

Richard created an advertisement that included a scientific explanation of how clothes are cleaned beside the image of washing m

Misha Larkins [42]

Negative space.

Negative space in an advertisement is the open space in and around the subject and helps to define and emphasize the message.

5 0

4 years ago

Read 2 more answers

On July 1, Year 1, Yellow Rose Corp. paid $25,000 cash for a machine and paid an additional 8% sales tax. On the same date, an e

Lina20 [59]

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

DEBIT CREDIT

Machine $28,000

Cash $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine = $25,000 + $2,000 + $1,000

Cost of machine = $28,000

Depreciation for year 1 (October to December)

DEBIT CREDIT

Depreciation Expenses $1,300

Accumulated Depreciation $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

DEBIT CREDIT

Cash $14,000

Loss on Sale $7,500

Accumulated Depreciation $6,500

Machinery $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

7 0

3 years ago

When a company implements its monthly S&OP process, the process should begin with: a. Developing and specifying the constrai

Kazeer [188]

Answer:

The answer is b. Determining the business planning vs financial objectives

Explanation:

Financial performance for the previous month is consolidated to provide inputs for analyzing the current month’s S&OP cycle. Actual costs are compared with budgets and forecasts to analyze forecast accuracy over a rolling time frame.

7 0

4 years ago

The principle of diminishing returns to capital states that if the amount of labor and other inputs employed is held constant, t

Volgvan

Answer:

b. Less is produced

Explanation:

The Principle of diminishing returns to capital states that as more unit of capital is added, a point will be reached where a decline in the marginal product will be encountered.

This simply means that for every additional unit of capital invested in the business, a less than proportionate increase is seen, this simply means that there will be a decrease in marginal productivity.

5 0

3 years ago