B. Decreases
if demand goes down, nobody is buying anything, so the need to produce/manufacture is down
Do you know the answer cause I. Need help aswellllllllllll
Level of commitment, drive and energy that a company's workers bring to the role everyday.
Answer:
b. all development cost are expensed as incurred
Answer: Cash $1,960
Sales returns and allowances $800
Sales discount $40
Accounts receivable $2,800
Explanation:
Sales = $2,800
Sales returns = $800
Discount rate = 2%
The final amount due will be:
= Sales- Sales returns
= $2,800 - $800
= $2,000
Sales discount = 2% × $2,000 = $40
Cash received will be:
Final amount due - Sales discount
= $2,000 - $40
= $1,960
The journal entry will be:
Debit Cash $1,960
Debit Sales returns and allowances $800
Debit Sales discount $40
Credit Accounts receivable $2,800
