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mr_godi [17]
3 years ago
15

A study examining differences in throwing performance (distance thrown) among children ages 5, 10, and 15 years and using data a

bout all age groups collected on the same day, is an example of
Business
1 answer:
____ [38]3 years ago
3 0
<span>This kind of examining the differences of giving performances by children of these age groups through the tabled data is an example of cross- sectional research. This is the study which analyses the data at specific point in time and it also compares the data between two different groups.</span>
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The law of demand relates primarily to which of the following
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3 years ago
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On september 12, vander company sold merchandise in the amount of $7,600 to jepson company, with credit terms of 2/10, n/30. the
densk [106]

If Vander Company uses the periodic inventory system and the gross method of accounting for sales, the <u>journal entry</u> on September 12 is as follows:

<h3>Journal Entry:</h3>

September 12:

Debit Accounts Receivable $7,600

Credit Sales Revenue $7,600

  • To record the sale of goods with credit terms of 2/10, n/30.

<h3>What is a periodic inventory system?</h3>

A periodic inventory system does not record the cost of goods sold or maintain an inventory account for inventory transactions until the end of the period.

Under the periodic inventory system, the cost of goods sold is determined in the income statement as the beginning inventory + purchases - ending inventory.

Thus, there are no accounts for the cost of goods sold and inventory because inventory purchased is recorded in the purchases account instead of the inventory account.

<h3>Transaction Analysis:</h3>

Accounts Receivable $7,600 Sales Revenue $7,600

Terms 2/10, n/30.

Thus, if Vander Company uses the periodic inventory system and the gross method of accounting for sales, the <u>journal entry</u> is a <u>debit</u> to the Accounts Receivable account and a <u>credit</u> to the Sales Revenue account for the credit sales only.

Learn more about recording sales transactions at brainly.com/question/25347238

8 0
2 years ago
Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company
Gwar [14]

Answer:

The correct answer is:  Limited financial liability; Have corporate ownership structure ability; Owners have limited liability and right to votes

Explanation:

Limited liability company and limited liability partnership is a type of business structure where the business is a separate entity and the owners are not personally liable for companies debts. It combines the properties of a corporation and a partnership or sole proprietorship.

It has a corporate ownership structure. Its owners have limited liability.

5 0
4 years ago
How did Ray engage in market planning
Igoryamba

Answer:

Ray calculated how much each seat cost to manufacture and set a wholesale price that covered expenses and earned a reasonable profit. After doing so, Ray developed a channel of distribution including wholesalers and retailers to get the theater seats to consumers.

Explanation:

5 0
3 years ago
Briefly explain two ethical values that are necessary for all accountants.
mote1985 [20]

Objectivity and independence are important ethical values in the accounting profession. ... Accounting services include general accounting, auditing, tax and management advisory services. Accountants who perform more than one of these services for a client may compromise their objectivity and independence.

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3 years ago
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