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ICE Princess25 [194]
3 years ago
15

Record the following transactions of Fronke’s Fashions in a general journal assuming that they use the periodic system.

Business
1 answer:
Mrrafil [7]3 years ago
3 0

Explanation:

The Journal entry is given below:-

1. Purchase Dr,                       $1,280

         To cash                                      $1,280

(being merchandise is purchased)

2. Cash Dr,                                 $115

         To Purchase return                    $115

(Being merchandise is returned)

3. Purchase Dr,                           $668

    Freight In Dr,                          $43

           To Account payable                 $771

(being Purchase on credit)

4. Account payable                     $50

            To Purchase return                   $50

(Being purchase return is recorded)

5. Account payable                      $661

         To cash                                         $661

(Being cash is paid)

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Answer:

making loans

Explanation:

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Therefore as per the given situation, the commercial bank would earned by the money by providing the loans or making the loans

Hence, the first option is correct

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Users create expense reports and attach receipts in an Expenses app before submitting them for approval. What should the Adminis
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The administrator should consider the App's ability to enable the user to scan and attach receipts with the expense reports.

Explanation:

The App for Salesforce Mobile should be enabled to scan and attach receipts with the expense reports in order to meet the user's requirements.  The easiness of the Mobile App achieving this functionality is very important.  Once users were not always able to easily implement this functionality in the App, then it would not be considered user-friendly.  The scanning should be as simple as taking a shot with the phone's camera.

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3 years ago
Which of the following is broadly defined as the development of new products, processes, organizations, management practices, an
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<span>In development of new products, the most defined aspect is the processes.  It takes a great deal of effort and time in product creation in laboratories. Testing the feasibility of new product in actual manufacturing environment. Trials are done to capture and document actual procedures, machine specifications, safety requirement, and actual working parameters to achieve the desired specification of the new product. </span>

3 0
3 years ago
On December 1, 2018, Shamrock Company received $9,600 from Destiny, Inc. for rent of an office owned by Shamrock Company. The pa
andrey2020 [161]

Answer:

b. credit to Rent Revenue of $3,200

Explanation:

Cash collected in advance results in the the creation of an asset and a liability. Hence a debit to cash account and a credit to deferred revenue. When the revenue is earned, it is recognized as a credit to revenue and a debit to deferred revenue with the amount earned.

Amount earned as at December 31

=  1/3 × $9,600

= $3,200

Entries required

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Credit Rent Revenue                 $3,200

Being entries to recognize revenue earned as at December 31

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Zach is a salesperson at a large medical supply company. the company wants zach to learn to manage multiple departments, so it o
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Answer: Payment for Knowledge

Explanation:Training is a key aspect  for  a company's improvement   development and success. It is beneficial to both employers and employees of an organization. An employee will become more efficient and productive if he is trained well.

Due to the continuous updates and improvement  in the world technology relating to  businesses,  Most Organisations are willing to pay for training   thier employees  off the job so to cope up with those changes, improve the  working conditions, and enhance their knowledge.

Even though such training are costly,on the long run,  they  improve efficiency and productivity of employees. Well trained employees show both quantity and quality performance leading to optimal use of time, money and resources.

The company seeking for Zach to learn to manage multiple departments, and proferring  to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree  shows that the company is willing to pay for more knowledge as that hopefully will go a long way to improve their productivity when he returns.

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