Answer: Bar codes
Explanation:
A barcode is a way of representing data in a machine-readable and visual form. In the past, barcodes illustrated data by placing the parallel lines at intervals and altering the widths. Nowadays, barcodes known as one-dimensional (1D) or linear are scanned by optical scanners. Also, the two-dimensional (2D) barcodes were manufactured using dots, rectangles, hexagons and some geometric patterns, known as matrix barcodes. Barcodes are used for the tracking of products.
Option 2, When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a debit to Cash and a credit to Merchandise Inventory.
When goods are returned, the accounts receivable or cash account is credited to repay cash or lower what the buyer owes, and the sales returns and allowances account is debited to reduce sales. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account. The cash account and buyer sales account are the accounts involved in a transaction when goods are sold for cash. It debits the cash account and credits the sales account.
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Answer:
-0.33
Explanation:
The calculation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded is
= Q2 - Q1
= 80 units - 100 units
= -20 units
And, the average of quantity demanded would be
= (80 units + 100 units) ÷ 2
= 90 units
Change in price is
= P2 - P1
= $2 - $1
= 1
And, the average of the price is
= ($2 + $1) ÷ 2
= 1.5
So, after solving this, the price elasticity of demand is -0.33
<u>Production</u> refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
<h3>What is production?</h3>
It is the supply chain phase that includes all the processes related to the creation and elaboration of the product.
That is, it includes the operations necessary for the transformation of raw materials into products and their mass production.
Therefore, we can conclude that production refers to the manufacturing process that includes the transformation of raw materials resulting in finished products.
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Answer:a credit to Interest revenue for $200
Explanation:
Interest = Principal x rate x time ( period )
= $10,000 x 6% x 120/360
=$200
Account titles and explanation Debit Credit
Cash $10,200
Note receivable $10,000
Interest revenue $200
Therefore, The journal entry that Teal would make to record payment of this note would include a credit to Interest revenue for $200
