The appropriate journal entry for each of these transactions,
Date Journal entry Debit credit
Nov 20 Cash a/c 441
credit card discount 9
To sales revenue 450
Nov 25 Accounts receivable 2800
To sales receivable 2800
Nov 28 Accounts receivable 7200
To sales receivable 7200
Nov 30 Sales return 600
To account for receivable 600
Dec 06 Cash 6468
sales discount 132
To accounts receivable 6600
Dec 30 Cash 2800
To accounts receivable 2800
Net sales:450+2800+7200-600-132
= 9718
Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.
A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.
A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.
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Answer:
Option C; THE RELATIVE POSITION OF COMPETING BRANDS BASED ON HOW THOSE BRANDS ARE PERCEIVED BY CONSUMERS.
Explanation:
Brand Positioning is a strategy that brands use to differentiate themselves from other brands and create the most unique impression in the minds of the consumers.
A perceptual map (also called as a positioning map), is a visual representation of how consumers perceive a brand.
Brand perceptual maps are valuable tools for visualizing consumers’ perceptions of a brand compared to how they perceive its competition.
It is the best qualitative method to understand how a brand is performing in the market, and what the consumers feel about it.
Therefore, the statement that most accurately defines perceptual brand mapping is THE RELATIVE POSITION OF COMPETING BRANDS BASED ON HOW THOSE BRANDS ARE PERCEIVED BY CONSUMERS.
Answer:
The fact that there are only two goods produced in this theoretical economy is a simplifying assumption that still allows economists to demonstrate key economic concepts.
Explanation:
PPF model the production possibility frontier states that two types of goods can be produced, at any given time of production, and for certain resources provided.
This clearly states the thought and simplifies the understanding of economy, based on two products to be produced from same restricted resources.
Though, the results of this curve are applicable to real world goods, where the nature and number of goods both are complex.
Therefore, the correct statement is:
As stated in answer.
The answer is b)learn as much
Answer: Upper level manager
Explanation: The important decisions regarding the direction of operations of an organisation is made by the upper level management. These includes the CEO, CFO etc of the organisation.
In the given case, Francois has been continuously analyzing the market environment for potential opportunities and threats. Thus, Francois will be responsible for future operations decision making of the organisation.
Hence, we can conclude that Francois belongs to the upper level management of the organisation.
