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SpyIntel [72]
3 years ago
8

When a person is authorized by the principal to transact all affairs in connection with a particular type of business or trade o

r to transact all business at a certain place, that person is a __________ agent.
Business
1 answer:
yawa3891 [41]3 years ago
6 0

Answer:

General agent

Explanation:

A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.

A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.

On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.

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ehidna [41]

Answer:

April 2

Inventory 4,600 debit

Account Payable 4,600 credit

April 3

freight-in 300 debit

cash 300 credit

April 4

account payable 600debit

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April 17

Account Payable 4,000debit (4,600 - 600)

Discount 80debit (4000 * 2%)

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April 18

Inventory 8,500 debit

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5 0
3 years ago
30 POINTS FOR BEST ANSWER!!!!
pochemuha
I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
6 0
4 years ago
Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

                To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr  $17,722

                To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

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5 0
3 years ago
]by generating and delivering timely and relevant information supported by networks, _____ creates new opportunities for conduct
Alina [70]

The British Empire.

It isn't descriptive enough to seem to be AI or internet.

8 0
3 years ago
Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?
enot [183]

Answer:

D. Only customers receive a financial institution privacy notice automatically

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Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

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4 years ago
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