Answer:
a. True
Explanation:
The environment scanning means the scanning of the environment. In this, the information is collected with respect to the events and their relationship of an organization that could be internal and external. The main motive of this is to be measure the direction of the organization in near future
Also it identified the factor that impacts the success of the marketing
Therefore the given statement is true
The given are the following: Replacement = 3% or -1.88 from z-tables; Average Life = 10 years Standard Deviation = 2 years.
Solution
Find how long a guarantee should be offered
10 years - 2 years * 1.88 = 6.24 years or 75 months
Answer:
The journal entry to record the purchase on August 7 is:
Debit Merchandise $9,750
Credit Accounts Payable $9,750
Explanation:
The terms of 1/10, n/30 means 1% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $9,750 of merchandise on August 7, returned $1,500 worth of merchandise on August 11, paid the full amount due on August 16 and received the discount. Juniper Company uses the gross method of accounting for purchases. Following accrual accounting method, the journal entry to record the purchase on August 7 is:
Debit Merchandise $9,750
Credit Accounts Payable $9,750
Solution :
Required :
<u>Items </u> <u>Cash </u> <u>Net Income</u>
a). Supplies of $133 purchased for cash - $ 133 --
b). Recorded the adjustment entry so as to
record use the $31 for the above supplies -- $ 31
c). Made sales of the $ 1297 on account -- $ 1,297
d). $865 received from customers as payment
of accounts $ 865 --
e). $ 2,528 purchased the equipment for cash - $ 2, 528 --
f). Recorded the depreciation of the building
for the period use of $ 610 -- $ 610
