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Alecsey [184]
4 years ago
13

Stella, Inc. purchased 75 telescopes for $25 each from Luna Co. When they unpacked the telescopes, Stella found

Business
1 answer:
cupoosta [38]4 years ago
8 0

Answer:

A. The company would debit the Allowance account instead of Purchase Returns.

Explanation:

In the management of purchases transactions,  a company will maintain several other accounts such as purchase returns and purchases allowance.

Purchases allowance will include allowances such as discount received and other compensations from suppliers.  The allowances reduce the net value of the purchases. i.e., when calculating the net purchases, one has to deduct the purchases allowed amount. When the business receives a purchase allowance, the amount will increase the purchases allowance account. The accountant will, therefore, debit that account.

Purchases returns are goods that the company had purchased from suppliers but have returned them for some reason. They could be defective or inappropriate.

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A(n) _________________ business changes basic inputs into products that are sold to customers. a.manufacturing b.enterprise c.re
N76 [4]

A manufacturing business changes the basic inputs into products that are sold to the customers.

The manufacturing business is in charge of manufacturing the goods for the entire country. It takes input from the economy as raw materials and processes or manufactures it and then gives the output back to the company. A very simple example of this is steel rods. The manufacturing company changes the basic inputs of steel into products which are steel rods.

An enterprise is a business or a company that runs its own business. Retail is a type of business that buys goods from wholesalers and sells them to customers. Service is the work that is done by professionals like doctors. None of these actually make their own goods to sell back to the customers. They only sell other goods or services without manufacturing anything new.

Learn more about manufacturing business here:

brainly.com/question/3312786

#SPJ4

4 0
2 years ago
Crowding out refers to the situation in which Group of answer choices borrowing by the federal government raises interest rates
goldenfox [79]

Answer:

Crowding out refers to the situation in which borrowing by the federal government raises interest rates and causes firms to invest less - option A.

Explanation:

Generally, a condition whereby a persistent government borrowing decreases the likelihood of the government repaying the borrowed loan or credit and consequently raises the interest rate is referred to as Crowding out. This situation would cause a decline in private investment level by the companies or firms.

Therefore, borrowing by the federal government raises interest rates, causing firms to invest less is the correct answer.

6 0
3 years ago
Read 2 more answers
What does the region between the lines to the left of the​ break-even point​ represent? A. The number of riding mowers that must
JulsSmile [24]

Answer:

B. The loss when x riding mowers are manufactured.

Explanation:

The Left shade of the break-even point​ on the Cost Volume Profit (CVP) Chart, shows the Loss incurred. This is because the Total Revenue Line is below the Total Cost Line(Fixed Costs + Variable Cost). So any number of units manufactured in this area provides a loss.

7 0
3 years ago
A. 8$ <br> B. 9$<br> C. 10$<br> D. 30$
Reptile [31]
The equilibrium is the middle, or the point where the lines meet
So when we look at the point at which they lie at, we can see that it isn't exactly eight and it isn't exactly ten, it's in between those two numbers
So the answer is nine dollars
6 0
3 years ago
IBM signs an agreement to lend one of its customers $200,000 to be repaid in one year at 5% interest. IBM would record this loan
Olenka [21]

Answer:

B. Notes Receivable.

Explanation:

Since the company is signed an agreement for lending out of its customers for $200,000 that could be repaid in one year at 5% interest so it is not revenue not note payable and also not account receivable

Therefore it is a note receivable

Hence, the option b is correct

and, the same is to be considered and relevant

4 0
3 years ago
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