Answer:
The journal entries are shown below:
Explanation:
The journal entries are shown below:
On July 15
Purchases (2,100 × $40) $84,000
To Accounts Payable $84,000
(Being the purchase is recorded)
On July 23
Account payable $84,000
To Purchase discount $2,520 ($84,000 × 3%)
To Cash $81,480
(Being the payment is recorded)
On August 15
Account payable $84,000
To cash $84,000
(Being the payment is recorded)
Answer: Market-differentiated
Explanation:
The market differentiated pricing strategy is one of the type of business strategy in which the organization produces various types of products and the services in the market.
By using this type of strategy many companies produced the unique products so that the consumers are get attracted by the business services. The market differentiated strategy provide various types of benefits as it makes the product distinct and unique from the other products and the services in the market.
According to the question, Burlan paints is one of the paints manufacturer that implementing the market differentiated pricing strategy for the pricing products.
Therefore, Market-differentiated is the correct answer.
Answer:
B. to economic systems in all nations, regardless if their level of development
Explanation:
The economic concept of scarcity implies that resources needed are scarce or limited in supply to meet the unlimited wants of economic agents. Therefore , economic agents have to choose from unlimited wants the one that would maximise their utility.
I hope my answer helps you
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