The appropriate journal entry for each of these transactions,
Date Journal entry Debit credit
Nov 20 Cash a/c 441
credit card discount 9
To sales revenue 450
Nov 25 Accounts receivable 2800
To sales receivable 2800
Nov 28 Accounts receivable 7200
To sales receivable 7200
Nov 30 Sales return 600
To account for receivable 600
Dec 06 Cash 6468
sales discount 132
To accounts receivable 6600
Dec 30 Cash 2800
To accounts receivable 2800
Net sales:450+2800+7200-600-132
= 9718
Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.
A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.
A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.
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Answer:
B market value can be expected to remain fairly stable
Explanation:
Given that variable-rate municipal note is a long-term municipal bond that in which investors are offered to possess or buy using the money market funds.
For investors, there are a lot of advantages in purchasing variable rate municipal notes, some of which are:
1. market value can be expected to remain fairly stable
2. It is not taxable from federal tax
3. It has a low correlation with stocks and bonds
4. It has credit enhancement to mitigate the risk
Hence, the correct answer is that "market value can be expected to remain fairly stable"
Answer:
Total Maximized Profit = $2612.5
Explanation:
given data
Total Cost TC = 10(QE + QW)
QE = 100 - 2PE
QW = 100 - PW
solution
we consider here Q is = QE + QW
so total cost TC = 10 Q
we first derive it Marginal Cost by taking derivative of TC w.r.t Q that is
MC =
MC = 10
so when crusty practice price discrimination then it will different marginal revenue from each market is
QE = 100 - 2PE
and
Total Revenue from market E is
E = TRE = QE × PE
E = 100PE - 2PE²
and
Marginal Revenue from E is
E = MRE =
E = 100 - 4PE
and
now we put MRE = MC
100 - 4PE = 10
PE = $22.5
and here QE will be
QE = 100 - 2PE
QE = 100 - 45
QE = 55 units
and
TRE = 55 × 22.5
TRE = $1237.5
and
now Considering second neighborhood W
QW = 100 - PW
so here
TRW = 100PW - PW²
and
MRW = 100 - 2PW
now we equating MRW with MC
so it will be
100 - 2PW = 10
PW = $45
and
Q = 100 - PW
Q = 100-45
Q = 55 units
so
TRW = 55 × 45
TRW = $2475
so here
Total Revenue will be
Total Revenue = TRE + TRW
Total Revenue = $1237.5 + $2475
Total Revenue = $3712.5
and
Total Cost will be
Total Cost = 10(55+55)
Total Cost = $1100
and
Total Maximized Profit will be
Total Maximized Profit = TR -TC
Total Maximized Profit = $3712.5 - $1100
Total Maximized Profit = $2612.5
Authority gives managers the right to direct and control their subordinates' behavior to accomplish organizational goals.
<h3>What is mean by manager?</h3>
- A manager is defined as a person in charge of overseeing, inspiring, and guiding the development of a team of workers and an organization.
- A manager could be someone who is in charge of customer service, handles client complaints, and monitors and manages customer care representatives.
- Planning, organizing, staffing, leading, and managing are just a few of the tasks a manager must complete.
- For an organization to run effectively and to accomplish its goals, each of these functions is crucial.
- Goal-setting and developing strategies for activity coordination involve planning.
- In most cases, managers receive greater discounts, better perks, longer vacation time, and occasionally even bonuses.
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Answer:
Households supply their resources to the firms in the factor markets and, in turn, demand in the product market the goods and services produced by the firms.
Explanation:
Circular flow model is defined as an economics model that shows major exchanges in the form of flow of money, goods, and services between economic agents. In this scenario the economic agents are households and firms.
Such flows are usually opposite in direction, correspond in value, and are in a closed circuit.
This relationship between households and firms is exemplified by households supplying their resources to the firms in the factor markets and, in turn, demand in the product market the goods and services produced by the firms.