1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir2022 [97]
4 years ago
7

Giorgio Italian Market bought $11,100 worth of merchandise from Food Suppliers and signed a 120-day, 9% promissory note for the

$11,100. Food Suppliers journal entry to record the sales transaction is:
Business
1 answer:
Anvisha [2.4K]4 years ago
4 0

Explanation:

The journal entry is as follows

Notes receivable A/c Dr $11,100

         To Sales A/c $11,100

(Being the sales is recorded)

Since the merchandise transaction is done through note receivable so we debited the note receivable account and the transaction is of sale type so the sales account is credited. Both the transactions are recorded at $11,100

You might be interested in
Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
Dahasolnce [82]
It is called value factor. There are two kinds of value factor one is present value factor and second is future value factor. The business or anything in the business has their value on their own. The future value factor is used to calculate the future value of the amount per dollar of its present value. It is the amount greater than a dollar and you can see this on the table when you calculate the future value or FV. Present Value factor is based on the time and money when you borrow or it is the debt that can grow in the span of time. 
5 0
3 years ago
A government worker surveys a number of households and comes up with the following information: there were a total of 90 people
viktelen [127]

Answer:

27%

Explanation:

Number of Persons in the Household = 90

<u>Neither Employed Nor Unemployed</u>

  • Children Under 16 =10
  • Disabled = 5
  • Retired =10
  • Stay at Home Parents = 5
  • Full Time Students over the age of 16= 5

Total =35

<u>Unemployed</u>

  • 10 people had no job but were looking for jobs
  • 5 people who wanted a job but were not looking for a job.
  • Total =15

<u>Employed</u>

  • 35 people had full-time jobs
  • 5 had part-time jobs

Total =35+5=40

Total Labour Force = Unemployed +Employed = 40+15 =55

Unemployment Rate = (Unemployed People / Total Labor) x 100

=15/55 X 100

=27%

According to the information in the survey, the unemployment rate is: 27%

6 0
3 years ago
6 factors of production pasta
noname [10]

The four categories of factors of production are land, labor, capital and entrepreneurship.  So, things that fall into these four categories that involve the production of pasta include the factory, the skills of the workers, the machines used to produce it, the ingredients used to produce it and the entrepreneurship and investment of the business owner.

4 0
3 years ago
According to the Uniform Commercial Code's rule, when forms are not exchanged, _____. acceptance cannot materially vary from the
Likurg_2 [28]

Answer:

According to the Uniform Commercial Code's rule, when forms are not exchanged, acceptance cannot materially vary from the offer

Explanation:

Then UCC code was established because it was becoming increasingly difficult for companies to transact business across state lines given the various state laws.

The Uniform Commercial Code (UCC) is important since it helps companies in different states to transact with each other by providing a standard legal and contractual framework.

According to the Uniform Commercial Code's rule,  

  • Firm offers (offers to buy or sell goods and promising to keep the offer open for a period of time) are valid without only when it is signed by the offeror.
  • An offer to buy goods for shipment invites acceptance by either prompt shipment or a prompt promise to ship.

Therefore, when forms are not exchanged, acceptance cannot materially vary from the offer.

6 0
3 years ago
I need to know the list of richest people in south korea! Also, I would like to know how much money steve jobs owned. thank you
olganol [36]
Look at the inthernet Good homeworks
7 0
3 years ago
Other questions:
  • Survey data can be collected with questionnaries. Which type of question has a limited number of preselected responses?
    12·1 answer
  • Evaluate the product offerings at REI. Select a product category and review the product line at REI, then select a similar compe
    7·1 answer
  • What is the formula for determining productivity?!
    13·1 answer
  • The manufacturing overhead budget at Cutchin Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    15·1 answer
  • Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
    10·1 answer
  • your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost, because you just received an
    7·1 answer
  • Mr. Green enters into a contract with Mr. Blue who is a crab fisherman. Mr. Green and Mr. Blue know that Mr. Blue has already ca
    13·1 answer
  • Which statement is correct in regard to renting a home?
    15·1 answer
  • Markel how your day it good
    8·1 answer
  • Liabilities are? a.none of these choices are correct. b.the rights of customers. c.the rights of owners. d.the rights of credito
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!