Answer:
im sorry i need point for a quiz so sorry
Answer and Explanation:
The journal entry is shown below
Sales tax (($257,000 + $154,800) ×7%) $28,826
To sales tax payable $28,826
(Being the sales tax expense is recorded)
Here the sales tax is debited as it increased the expense and credited the sales tax payable as it also increased the liability
The calculation is as follows;
= $27,4990 ×100 ÷ 107
= $257,000
And,
= $165,636 × 100 ÷ 107
= $154,800
Answer:
B - The potential for the preferences and needs of niche members to shift over time toward mainstream provider product attributes.
Explanation:
In the long term, such focused goods and services might be provided by every supplier, hence the Company (focused on one product) might earn less profits and lose its competitive advantage as more players have entered the competition to produce and sell similar products.
The importance and benefits of valuing and promoting cultural diversity in work with children and young people are the following:
1. It promotes equality with the rest of the cultures.
2. It creates awareness of the different cultures of other races. With the awareness, children would gain respect for other races.
3. It creates a positive working environment.
Answer:
$2,000
Explanation:
Revenue is the income generated from normal business activities. This includes allowances, discounts and deductions for sales returned.
Since Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair, it means that revenue to be recognized from the date of the change will be recognized at a unit price of $10.
As such if Boogie delivers 200 pairs of shoes in September,
Revenue to be recognized in the Month of September
= 200 * $10
= $2,000
