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Archy [21]
3 years ago
12

RecRoom Equipment Company received a $9,200, six-month, 9 percent note to settle a $9,200 unpaid balance owed by a customer.

Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer:

RECROOM EQUIPMENT COMPANY

Date                     Description                             DR                   CR

a. Nov 1                Note Receivable                    8000

                            Allowance on debt                 1,200

                          Account Receivable                                           9,200

                 <em> Being the settlement of customers deb</em>t

b. Dec 31                Interest receivable                 120

                          Interest   Income                                                     120

                   <em>Being the interest accrued at the year end </em>

<em />

c. 30 April              Cash                                        720

                           Interest receivable                                               120

                           Interest income                                                    600

             <em>Being the receipt of interest at maturity date</em>

<em />

d. April 30              Cash                                      8000

                           Note receivable                                                 8,000

                    <em>Being the  settlement of principal at maturity </em>                          

Explanation:

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Company Z is just starting to make a brand new product it has never made before. It has completed two units so far. The first un
Amanda [17]

Answer:

the learning percentage is 78.95%

Explanation:

The computation of the learning percentage is shown below;

= The next unit ÷ first unit

= 15 hours ÷ 19 hours

= 78.95%

We simply divided the two items with each other so that the correct percentage could arrive

hence, the learning percentage is 78.95%

7 0
3 years ago
Include general ability to understand alter lead and control the behavior ​
Liono4ka [1.6K]

Answer:

  • Monitor progress towards Goals
  • control the situation
  • monitor and measure the right items
  • provide coaching and feedback
  • supervising others
  • conflict resolution
  • emotional intelligence
  • communication skills
  • manage performance
  • interviewing skills
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4 0
3 years ago
On the Chicago Board Options Exchange, the person responsible for handling those orders that can be executed immediately is the:
Sonja [21]

Answer:

B. Floor Broker

Explanation:

Floor brokers on the Chicago Board Options Exchange ( CBOE ) accept orders from member firms for execution. Orders are filled under an open outcry auction system in the trading "pits."

Market makers maintain bid and ask quotes in options contracts.

Order book officials maintain the book of public orders that cannot be immediately filled.

4 0
3 years ago
This barrier of trade is when trading partners do NO trade with another country:
sukhopar [10]

Answer:

C. Embargo

Explanation:

Trade Barriers are the conditions or restrictions that are imposed on the business transactions that controls the business to be sold out to the hands of foreign markets. These barriers add obstacles so that the businesses are restricted through various means. When a complete ban is imposed on the import or export of any goods to the foreign markets, the situation is termed as embargo. This type of ban is imposed for the defense purposes.

4 0
3 years ago
Weighted Average Method, FIFO Method, Physical Flow, Equivalent Units Heap Company manufactures a product that passes through tw
liubo4ka [24]

Answer:

<u>Physical flow schedule</u>

Inputs

Beginning Work in Process                86,300

Add Units Started                              105,900

Total                                                    192,200

Outputs

Units Completed and Transferred   172,900

Units in Ending Work in Process       19,300

Total                                                    192,200

Explanation:

A physical flow schedule is simply a schedule of units introduced into the process and units outputs without expressing them to equivalent units.

Units Introduced must always be equal to units outputs in physicals terms.

<em>Units Completed and Transferred = Beginning Inventory + Units Started - Units in Ending Work in Process</em>

                                                        = 86,300 + 105,900 - 19,300

                                                        = 172,900

6 0
3 years ago
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