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damaskus [11]
3 years ago
6

A store that sells sporting equipment is an example of what kind of store?

Business
2 answers:
polet [3.4K]3 years ago
4 0
C) Convenience Store
Stells [14]3 years ago
4 0

Answer:

This is a speciality store.

Explanation:

A specialty store is a shop/store that carries a deep assortment of brands, styles, or models within a relatively narrow category of goods. Furniture stores, florists, sporting goods stores, and bookstores are all specialty stores.

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Primo Industries collected $105,000 from customers in 2019. Of the amount collected, $25,000 was for services performed in 2018.
bearhunter [10]

Answer:

a. $33,000.

b. $36,000.

Explanation:

Net income is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is also called net earnings.

Now, Cash accounting recognizes revenue and expenses only when money changes hands, but accrual accounting recognizes revenue when it's earned, and expenses when they're billed (but not paid).

a. 2014 Cash-basis net income:

Primo Industries collected $105,000 from customers in 2019

Primo Industries also paid $72,000 for expenses in 2019

=105,000-72,000

=$33,000

b. 2014 accrual-basis net income.

=(105,000-25000+40000)-(72000-30000+42000)

=120000-84000

=$36,000

5 0
3 years ago
If making your family and friends a priority is important to you, you value
Kay [80]

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

5 0
2 years ago
It is impossible to address your personal time True or Flase?
dexar [7]
True<span>. </span>It is impossible<span> to repeat the same communication event. .... According to </span>your<span>text, the axiom "the more communication the better" is </span>true....<span>. I really hope this helps</span>
6 0
4 years ago
The business sectors identified in QUESTION 1.3.1
emmainna [20.7K]

Explanation:

poor network , poor electircity

4 0
3 years ago
A company received a bank statement with a balance of $ 6 comma 300. Reconciling items included a bookkeeper error of $ 400long
larisa [96]

Answer:

Bank adjusted balance 5,720

Explanation:

6,300

-840 outstanding check

+260 deposit in ransit

5,720 bank adjustment balance

<em><u>Notes:</u></em>

  • the bookkepper error needs to be done on books cash account
  • the service charge are included in the bank statemnt, is at adjustment to the book cash
  • the interest revenue is also 22 an adjustment for the book cash account
6 0
4 years ago
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