The entry to record this transaction would include:
Dr. Inventory $20,000
Cr. Accounts payable $20,000
What does it mean to purchase inventory on account?
Purchasing the inventory on account for $20,000 means that Ferguson corp. did not make payment for the inventory immediately, it rather purchased the inventory on credit with a promise to pay later.
As a result, the liability of Ferguson corp. has increased, specifically, the company would credit accounts payable with $20,000 such that inventory, which is the receiving account is debited with the same amount
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#SPJ1
Answer:
The answer is Letter C
Explanation:
Water World can recover the loss of profit from the delayed opening.
The should the Umbrella managers look for as they decide where to locate their BPO facilities is an abundance of well-educated English speakers.
<h3>What does well educated mean?</h3>
The term simply implies that a person of this kind of nature has a lot of knowledge about a lot of subjects, usually due to the fact that they have studied at college or university.
The speakers and writers of English who have been educated are known to be very verse in English and should be the one employed by this firm.
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Multiple Choice
large, undeveloped plots of land for greenfield projects
many uneducated workers who are highly trainable
plentiful natural resources
an abundance of well-educated English speakers
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The money left over the cost of making a product or providing a service
Answer:
The answer is entrepreneur
Explanation:
Diane showed the trait of an entrepreneur. An entrepreneur is someone who tries to solve a particular problem or challenge by setting up a business. He takes up the risk and tries to fight it in order to be successful because of the passion he has for the business. Entrepreneur also sources for the capital for the business which can be in form of borrowed money or equity contribution.