Answer:
Calculation of sales returns = 5% of $12,700,000 =$ 635,000
Actual price of sales returns = 60 % of $ 635,000= $ 381,000
Difference in price = $ 635,000- $ 381,000= $ 254,000
1)
Sales Account $ 635,000 (dr)
Sundry Debtors / Customers Account $ 635,000 (cr)
2)
Sales Returns or Allowances $ 245,000 (dr) ( difference in price)
Trading Profit & Loss Account $ 245,000 (cr)
The answer is Human rights are rights inherent to all human beings, regardless of race, sex boy or girl, nationality, ethnicity, language, religion, or any other status. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more.
Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.
From the complete information, it should be noted that there are bank charges that are charged by the banks. In this case, the account may not reflect the spending that has actually been done.
Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.
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Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.
