Answer:
a. Cash 7,000 Accounts Receivable 7,000
Explanation:
As for the information provided, the payment is received for a sales made in last month, and thus entry at the time of sales shall be:
Accounts Receivables A/c Dr. $7,000
To Sales $7,000
Therefore, when the amount is collected today it will increase cash by debiting cash for the same amount.
Further, balance of accounts receivables will be decreased by crediting such account.
Therefore, correct option is
a. Cash 7,000 Accounts Receivable 7,000
Answer:
The correct answer is (b)permitted because the contract is just for music lessons.
Explanation:
Recall that,
Johann, a well known musician agrees to give out ten lessons of guitar to Elton for an amount of $ 2000. this contract forbids delegation.
Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.
The fluctuation of growth and decline in an economy is called BUSINESS CYCLE OR ECONOMY CYCLE.
The fluctuations in business cycle usually involves shift between period of relatively rapid economic growth and period of relative stagnation or decline. Business cycle is measured by considering the growth rate of real gross domestic product of the nation concerned.
Owner is only responsible.
Owner
- Owner is the one who owns the business, create business plans , different goals, & mainly ensures that there business would last forever.
- He is never engaged in day to day activities but always do the proper inspection of all the works in all the departments.
- Manages the budget, sales forecasting, planning, organizing in all the process they used to work as a leader.
Alarm systems
- These are the systems who had the automatic sensor for smoke, fire, & other fire related emergency are detected.
- They have different pitch of sounds according to the places; i.e. at required place they have high sound and vice versa.
- They used to activate Automatically when any heat or fire related substances come closer to it.
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Answer: By responding to reviews
Explanation:
Google my business can also help Tristan respond to reviews/comments made by customers online about his business. Google my business is a tool which business owners make use of, to make their business easily accessible when searched about online and it provides a section for reviews which a business can respond to.
