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
andre [41]
3 years ago
11

Z-Mart uses the perpetual inventory system and allows customers to use the Z-Mart store credit card in charging purchases. Z-Mar

t assesses a per-month interest fee for any unpaid balance on its store credit card at each month-end. Apr. 30 Z-Mart sold merchandise for $1,000 (that had cost $650) and accepted the customer’s Z-Mart store credit card. May 31 Z-Mart recorded $4 of interest earned from its store credit card as of this month-end. Prepare journal entries to record the above selected credit card transactions of Z-Mart.
Business
1 answer:
Nataly_w [17]3 years ago
7 0

Answer:

Following are the journal entries

Explanation:

Z-mart uses perpetual inventory system. To enter the selected credit card transactions, the journal entries are;

No Date General Journal       Debit                    Credit

1 Apr 30 Accounts receivable 1000  

                  Sales                                        1000

   

2 Apr 30     Cost of goods sold    650  

              Merchandise inventory                 650

   

3 May 31       Accounts receivable 4  

                Interest revenue                           4

You might be interested in
The practice of giving employees a high degree of control over their work, from planning and organization, through implementing
ira [324]

Answer:

b.Job Enlargement

Explanation:

Job design:

     This is the method to design a proper task for a proper person it means that if person have good technical process so give a technical work instead of giving marketing work.

Job Enlargement :

 As it name indicates enlargement it means that increases job task of and the responsibility of a person.In this task is added at the same level so this is also known as horizontal process.

Job Enhancement :

  When a organization provide new opportunity of worker to increase his skill then it know as job enhancement.

Job Enrichment :

 When a organization provide a good environment for worker then the worker feel better and always feel motivated to work .This is also a motivation process followed by organization.

So the option b is correct.

b.Job Enlargement

7 0
3 years ago
If you show the audience the impact of brain injuries in child athletes and then tell how to improve the situation, you are usin
Simora [160]

<span>The answer to this question is Problem and solution organizational pattern. In Problem and solution organizational pattern it presents the problem and what caused the problem then explains the possible solution for the problem. Using this kind of organizational pattern, it can persuasive listeners and can tend to let the audience believe in the solution that the person is implying.  </span>

6 0
4 years ago
June
bazaltina [42]

Answer:

........................Income Statement for the month of June...............................

Service Revenue.....................................................................$5,544

Less Expenses

Rent Expense .................................................$440

Utilities Expense.............................................$220

Salaries and Wages Expense......................$880

Gasoline Expense...........................................<u>$88</u>

Total Expenses .........................................................................(<u>$‭1,628‬)</u>

Net Income (Loss).............................................................$‭3,916‬

Service revenue = Services performed on the 5th + Services performed on the 20th

= 4,224 + 1,320

= $5,544

5 0
3 years ago
The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
ale4655 [162]

Answer:

A) 200 units

Explanation:

mean daily demand = 20 calculators

standard deviation = 4 calculators

lead time = 9 days

z-critical value (for 95% in-stock probability) = 1.96

normal consumption during lead-time:

= mean demand × lead time

= 20 × 9

= 180 calculators

safety stock = z × SD × √L

                    = 1.96 × 4 × √9

                    = 1.96 × 4 × 3

                    = 23.52 calculators

reorder point = normal consumption + safety stock

                       = 180 + 23.52

                       = 203.52 calculators

3 0
3 years ago
Taking explicit account of a rival's expected response to a decision you are making is called:
IgorC [24]

The answer is strategic decision making. This is also referred as strategic planning in which a group of people or an individual engage into making or creating the goals or objectives that the organization would want to achieve or tackle in a way of providing altering strategies and to obtain the goal that they aim for.

7 0
4 years ago
Other questions:
  • Billingsley, inc. is borrowing $60,000 for five years at an apr of 8 percent. the principal is to be repaid in equal annual paym
    9·1 answer
  • The Diagonal Stamp Company, which sells used postage stamps to collectors, advertises that its average price has increased from
    11·1 answer
  • East Corp., a calendar-year company, had sufficient retained earnings in 20X3 as a basis for dividends, but was temporarily shor
    13·1 answer
  • What should you do if you think that a bill is wrong or want more information about it?
    7·1 answer
  • You should use a(n) _____________ to track the mean diameter of the pipe for a manufacturing process producing copper pipes.
    11·1 answer
  • Carl transfers land to Cardinal Corporation for 90% of the stock in Cardinal Corporation worth $20,000 plus a note payable to Ca
    7·1 answer
  • Each time a sale is​ recorded, two journal entries are also recorded to account for estimated sales returns.
    6·1 answer
  • Under the accrual basis of accounting, many of the account balance in the ledger at the end of the accounting period are reporte
    5·1 answer
  • On December 30, 2014, Yang Corporation granted compensatory stock options for 5,000 shares of its $1 par value common stock to c
    11·1 answer
  • Which are examples of a person changing careers? Check all that apply.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!