Answer:
November 17
Trade Receivable-Thomas Company $56,250 (debit)
Revenue $56,250 (credit)
November 26
Cash $55,125 (debit)
Discount Allowed $1,125 (debit)
Trade Receivable-Thomas Company $56,250 (credit)
Explanation:
November 17
Recognize Revenue and Recognize an Asset : Trade Receivable
Trade Receivable-Thomas Company $56,250 (debit)
Revenue $56,250 (credit)
Revenue Calculation = 100 units × $760 × 75% = $56,250
November 26
The payment date is within the cash discount period in terms of credit sale. Hence Thomas Company is granted cash discount of 2% (2/10, n/30).
Cash $55,125 (debit)
Discount Allowed $1,125 (debit)
Trade Receivable-Thomas Company $56,250 (credit)
The correct answer is; False.
Further Explanation:
This is a false statement. College graduates actually have more opportunities to work in international businesses. Travel costs are decreasing and people are finding cheaper places to live abroad. Many recent graduates stay in hostels, shared rooms, and may even get a living allowance from the company they are working for. For travel, people are using points and reward programs to get discounted tickets. Some countries will even pay for the work visa if the employee signs a contract to work exclusively for the company for a certain time period.
There are numerous international jobs for graduates that are wanting to live abroad. Here is a list of some of the jobs available for recent graduates;
- English teachers
- Banking
- Managerial positions
- Lawyers
- Nurses
- Doctors
There are even jobs for people with no college degree to work internationally. Here is a list of a few jobs for those workers;
- Au pair
- Bartender
- English teacher (some places do not require a teaching degree)
- Remote work online
- Travel blogging
- Yacht sailing
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The correct answer is to debit an expense.
What is debit ?
- Still, plutocrats are taken out of it to pay someone differently, If an item or a client's account is debited. When you charge your credit card, you credit the credit card account to increase the quantum that you owe, and disenfranchise the expenditure that you charged on it.
- The bank will disbenefit your account for the freights.
- Disbenefit' is a formal secretary and account term that comes from the Latin word debere, which means" to owe".
- The disadvantage falls on the positive side of a balance distance account, and on the negative side of a result item.
- Under term FOB destination, freight is paid by the seller.
Hence,
When amazing bikes co. sells inventory to a customer with shipping terms fob destination, to record the shipping costs amazing bikes co. should debit an expense.
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The budget process makes fiscal policy difficult to implement because
<span>---The budget process begins a year and a half before the budget is implemented, and this will make it difficult to know what type of fiscal policy will be needed because it requires us to predict the problem and opportunities that arise during the operation.
---Many budget decisions are made for political reasons , because many politicians was appointed by interest groups that controlled by big companies.
---Nearly two-thirds of the budget is mandated by federal programs and cannot be easily changed, even if it could be changed, the cost could outweihgt the benefit.</span>
Answer: introduce more differentiation
Explanation: Product differentiation is a method of using various tactics to make a product stand out from the rest of the similar products sold by a competitor, in an effort to make it more appealing to its customer base. This means differentiating the product so much, that it will make it more attractive for customers to buy. This can be anything from making the product's packaging more aesthetically appealing, including some form of a bonus/gift for purchasing the product (like getting a free toy in each cereal box) etc. In the end by applying product differentiation the one company will increase the customer benefits of purchasing this product from them, hereby gaining a competitive advantage over the other company.