Labor contract.
A labor contract sets for the rights and responsibilities of labor and management for unions and other labor groups.
Corporations provide two major benefits over a sole-proprietorship.
1. Corporations are taxed at a different rate than individual incomes. Sole-props are taxed altogether, which can create more tax burden for the owner.
2. Corporations assume all the risk and protect its owners' assets from damages. Sole-props assume all responsibility for the business and all their assets are subject to damages.
Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.
Douglas's Capital account balance
= Net assets x30%
= $127,900 x 30%
= $31,875
Therefore, Douglas's capital account should have a credit balance of $38,370
A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.
The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.
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Marketing and advertising strategies seek to impact the largest number of subjects with the lowest amount of cost, thus maximizing profits by expanding the customer base, for this purpose various strategies are developed, including referral plans, which they consist of converting the current customers of our product into advertising agents of this product, seeking to convince them to receive recommendations from potential customers or that they themselves refer our product or service to one of their relatives, all in exchange for some kind of bonus or incentive, with which it is possible to impact in multiple social circles with a much lower cost than a media advertising campaign
Answer
This is a marketing strategy called referral plan
Answer:
Note: The organized question is attached
<u>Description of each transaction</u>
1. Merchandise purchased on account as a cost of $39,200, which is $40,000 less 2% discount of $800
2. Paid fright charge of $450
3. An allowance or return of merchandise was granted by the seller, $4,900, which is an invoice amount of $5,000 less 2% discount of $100
4. The balance due of $34,300 ($39,200 - $4,900) was paid within the discount period
