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juin [17]
3 years ago
12

A $22 credit to sales was posted as a $220 credit by what amount is the sales account in error

Business
2 answers:
Elodia [21]3 years ago
5 0
I think i read the question right. I think they would be out $198
Andreyy893 years ago
5 0

Answer:

$198

Explanation:

The data provided in the question

Credit to sales = $22

But wrongly posted as a $220 credit

Since the right amount is $22 credited but it wrongly posted as a $220 credited

So the difference is to be shown as the sales account error

Sales account in error = Wrong amount - correct amount

= $220 - $22

= $198

By deducting the correct amount from the wrong amount we can determine the sales account in error amount

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All of the following is true about CRM, or Customer Relationship Management except:______.
Rzqust [24]

Answer:

B

Explanation:

The purpose of CRM is not to replace the human resource department.

3 0
2 years ago
Danielle, searching online for a hair loss control shampoo, entered the HairCare website. She noticed that the HairCare web page
sweet [91]

Answer:

TRUE - Market Based Analysis

Explanation:

Market based analysis is a technique used by sellers to increase sales by better understanding the purchase patterns of customers. It is based on the idea that if a customer buys a certain group of goods, the customer is more or less likely to buy another group of goods. It involves data analysis of customer buying history, product grouping as well as products that are likely to be purchased. In this case the technique used by Haircare is based on market based analysis.

3 0
3 years ago
Read 2 more answers
A perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate. What is its present value? g
N76 [4]

Answer:

PV= $40,000

Explanation:

Giving the following information:

Perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate.

To calculate the present value, we need to use the following formula:

PV= Cf/i

Cf= cash flow

i= interest rate

PV= 6,000/0.15

PV= $40,000

3 0
3 years ago
Petra is paying her ten employees for 40 hours a week, 52 weeks each year. in 2007, petra spent on wages for her employees each
photoshop1234 [79]

In 2007, Petra spent <u>$2,340</u> on wages for her employees each week, and Petra increased her annual wage budget from 2008 by <u>$14,56</u>0.

<h3>Calculation of wages</h3>

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

We can now proceed as follows:

Weekly wage spent Petra in 2007 = 2007 minimum wage per hour * Number of employees * Number of hours per week = $5.85 * 10 * 40 = $2,340

Amount of increase in minimum wage per hour between 2008 and 2009 = $7.25 - 6.55 = $0.7/hour

Petra’s increase in annual budget for wages in 2009 = Amount of increase in minimum wage per hour between 2008 and 2009 * Number of employees * Number of hours per week * Number of weeks = $0.7 * 10 * 40 * 52 = $14,560

Learn more about wages here: brainly.com/question/15381069.

#SPJ4

6 0
2 years ago
unlimited liability and separate taxation of the business are advantages of a sole proprietorship.true false
statuscvo [17]

Unlimited liability and separate taxation of the business are advantages of a sole proprietorship.

The statement is False.

<h3>What is taxation ?</h3>

In practically every nation on the planet, governments impose taxes as mandatory levies on people or organizations. Although it can be used for other things as well, taxes are typically utilized to finance government spending.

Taxes are imposed on tangible property, including real estate and business dealings like stock sales or home purchases. Taxes exist in a variety of forms, including income, corporation, capital gains, property, inheritance, and sales taxes.

A fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for residents and enterprises is through the collection of taxes and levies.

To learn more about taxation from the given link:

brainly.com/question/1980107

#SPJ4

4 0
1 year ago
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