Answer:
Here's ur answer
Explanation:
- letter of enquiry
- Quotation
- receipt
- order
- delivery note
- credit note
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Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.
High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>
The correct answer is:
C. Income.
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Answer:
The entry will be:
May 3
Dr Allowances for doubtful debt 3,700
Cr Account Receivable 3,700
(to record written-off of receivables)
Explanation:
As the company uses the allowance method of accounting for uncollectible accounts, the company would actively review and book bad debt expenses for any debt in doubt of collection. The entry would be: Dr Bad Debt Expenses & Cr Allowance for doubtful debt.
When there is sufficient evidences that these debts go default, no more expenses will be recorded, instead, the account receivable will be written off ( Cr) with the offsetting entry is Dr Allowance for doubtful debt.
You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.
The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at <u>higher</u> price in the future. You should <u>increase</u> the amount of soybean farming equipment you plan on supplying to the market.
<h3>Who is a store manager?</h3>
A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.
Therefore, the correct answer is as given above
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