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3 years ago

A person works as a cashier in a major supermarket. She sells vegetables to

Business

2 answers:

igomit [66]3 years ago

6 0

I think the answer is D

umka2103 [35]3 years ago

4 0

Answer:

The market in a nation's circular flow in which households provide firms with the factors of production (land, labor and capital) in exchange for money incomes (rent, wages and interest). Firms are the buyers, households are the sellers in the resource market. « Back to Glossary Index.

Explanation:

I dunno if this helps but hopefully it does xD

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June:

Pachacha [2.7K]

Answer:

James Co. (Borrower)

June 1

Debit Merchandise Inventory $90,000

Credit Accounts Payable $90,000

June 30

Debit Accounts Payable $90,000

Credit Notes Payable $90,000

August 29

Debit Notes Payable $90,000

Debit Interest on Notes $750

Credit Cash Account $90,750

O’Leary Co. (Creditor)

June 1

Dr Accounts Receivable $90,000

Cr Sales $90,000

Dr Notes Receivable $90,000

Cr Accounts Receivable $90,000

Aug. 29

Dr Cash $90,750

Cr Notes Receivable $90,000

Cr Interest Revenue $750

Explanation:

Preparation of the journal entries

James Co. (Borrower)

June 1

Debit Merchandise Inventory $90,000

Credit Accounts Payable $90,000

(To record the purchase of merchandise on account)

June 30

Debit Accounts Payable $90,000

Credit Notes Payable $90,000

(To record the issue of a 60-day, 5% note)

August 29

Debit Notes Payable $90,000

Debit Interest on Notes $750

($90,000 * 5% * 60/360)

Credit Cash Account $90,750

($90,000+$750)

(To record the payment of the notes plus interest)

O’Leary Co. (Creditor)

June 1

Dr Accounts Receivable $90,000

Cr Sales $90,000

Dr Notes Receivable $90,000

Cr Accounts Receivable $90,000

Aug. 29

Dr Cash $90,750

($90,000+$750)

Cr Notes Receivable $90,000

Cr Interest Revenue $750

($90,000 * 5% * 60/360)

6 0

3 years ago

Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is ______.

butalik [34]

Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.

<h3>What is gross profit?</h3>

Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.

Explanation:- Gross Profit = (Net Sales – Cost of Goods Sold)

= ($50,000- $30,000)

= $20,000

Hence, the gross profit of the Blog Inc., would be $20,000.

Learn more about the gross profit here:-

brainly.com/question/18567528

#SPJ1

3 0

2 years ago

David, Chris and John formed a partnership on July 31, 2019. They decided to share profits equally, but inserted a clause in

MA_775_DIABLO [31]

Answer:

$37,833

Explanation:

Calculation for the balance of John's Capital account as of December 31, 2020.

Using this formula

Balance as of December 31, 2020= Initial contribution + Profit for December 31, 2019 - Loss for December 31, 2020

Let plug in the formula

Balance as of December 31, 2020= $39,000 + ( $46,000/3) - ( $55,000/10×3)

Balance as of December 31, 2020= $39,000 + $15,333 - $16,500

Balance as of December 31, 2020= $37,833

Therefore the balance of John's Capital account as of December 31, 2020 will be $37,833

3 0

4 years ago

Under Armour uses its website to sell its products, but Nathan Shriver, art director of Interactive, believes that what the webs

Vlad1618 [11]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Friendlier to the customer

b) Recognizable in retail stores

c) Seem special compare to off-label gear

d) Part of the consumer's daily life

e) Seem of higher quality than Nike

And the correct answer is the option D: Part of the consumer's daily life.

Explanation:

To begin with, when Nathan Shriver says that he believes that the website and advertising of the company does is to make the brand more part of the consumer's daily life refers that in the end it is that action what truly makes the company to increase its sales due to the fact that thanks to the marketing campaigns now the brand is more important in the life of the consumers and more due to the fact that those advertising make them understand that the use of Under Armour's products is essential to every day training and movement that the clients might face.

7 0

3 years ago

A minor bought an Ernie Banks baseball card from a baseball card store. The card was marked $12, and the inexperienced clerk who

krok68 [10]

Answer: No. The owner cannot get the card back because of the minor’s lack of capacity

Explanation:

From the information given, we are told that a minor bought a baseball card from a baseball card store for $12, even though the price was $1,200.

It should be noted that the owner cannot get the card back based on the minor’s lack of capacity. In this case, the idea is to protect the minor, therefore the minor who bought the baseball card is the one that can disaffirm or cancel the contract. In this case, the adults are bound to the contract.

The baseball card will only be gotten if the minor wishes to give it back.

4 0

3 years ago