Answer and Explanation:
The journal entries are shown below:
On July 1
Accounts receivable Dr $20,000
To Sales revenue $20,000
(To record the sales on account)
On July 10
Cash $19,400
Sales discount $600 ($20,000 × 3%)
To Accounts receivable $20,000
(To record the payment received)
On July 17
Accounts receivable $200,000
To Sales revenue 200,000
(To record the sales on account)
On July 30
Cash $200,000
To Accounts receivable $200,000
(To record the payment received)
Answer:
Insurance cost
Explanation:
There are various costs that incur in projecting operating expenses. Insurance cost is usually paid at the start of the project normally in the first year. Insurance cost is not likely to incur in the second and third year if the situation of assess such as equipment remains the same. If the new equipment is purchases by the company in the second or third year only then insurance cost will incur.
Answer: d. have customers who operate in many different parts of the country
Explanation: When checks are to be collected from customers of a business that are spread over a wide geographical area, a lockbox plan is employed in order to speed up the collection of checks. It involves the customers dropping their checks in the lock boxes rather than mailing it to the business thus, the use of lockboxes help reduce mail float.
<span>Group socialization is focused team members to be able to work together and coordinate their efforts.</span><span>The three critical activities that occur during group socialization and affect the productivity of teams are:
</span>evaluation,<span> commitment, and role transitions. Correct answer: D
</span>The group member and the group evaluate each other and this can lead to an increase or decrease in commitment to <span>socialization.</span>
Answer:
D. politics
Explanation:
Alien status to the company is a political issue faced by the company.
