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Liono4ka [1.6K]
3 years ago
7

Cow’s Milk Creamery, Inc., needs a certain part for its pasteurizing equipment to continue its operations and orders one for $3,

000 from Dairy Supplies Company. Cow’s Milk tells Dairy Supplies that it must receive the part by Tuesday or it will lose $10,000. Dairy Supplies ships the part late. Cow’s Milk can recover:_______.
a. ​$0.
b. ​$10,000.
c. ​$3,000.
d. ​$13,000.
Business
1 answer:
Lostsunrise [7]3 years ago
3 0
D.) I think I hope I helped
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The following transactions of Houston Pharmacies occurred during 2017 and 2018:
Likurg_2 [28]

Answer:

Please see below for all the journal entries required for Houston.

Explanation:

2017

Jan. 9

Debit: Computer Equipment $9,000

Debit: Interest Expense $630

Credit: Interest Payable ($9,000 x 7%) $630

Credit: Notes Payable $9,000

Jan. 29

Debit: Accounts Receivables ($69,000 x 3/4) $51,750

Debit: Cash ($69,000 x 1/4) $17,250

Credit: Sales Tax Payable ($69,000 x 6%) $4,140

Credit: Sales $69,000

Feb. 5

Debit: Sales Tax Payable $4,140

Credit: Cash $4,140

Jul. 9

Debit: Interest Payable ($9,000 x 7%) $630

Debit: Notes Payable $9,000

Credit: Cash $9,630

Aug. 31

Debit: Inventory $3,000

Debit: Interest Expense $330

Credit: Interest Payable ($3,000 x 11%) $330

Credit: Notes Payable $3,000

Dec. 31

Debit: Warranty Expense ($601,000 x 3%) $18,030

Credit: Accrued Warranty $18,030

Dec. 31

Debit: Interest Payable $330

Credit: Accrued Interest $330

2018

Feb. 28

Debit: Accrued Interest $330

Debit: Notes Payable $3,000

Credit: Cash $3,330

4 0
3 years ago
Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles e
Alexandra [31]

Answer:

sales

Explanation:

Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.

5 0
3 years ago
An experienced employee who supervises, coaches, and guides lower-level employees by introducing them to the right people and ge
torisob [31]

Answer:

Mentor

Explanation:

The mentor is the person who has knowledge, experience, skills and he or she is able to guide, motivate, gives the training, supervise the lower skill employees so that they can perfect in their work.

But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

3 0
3 years ago
The Eccleston Company has the following budgeted sales: January $40,000, February $60,000, and March $50,000. 40% of the sales a
zvonat [6]

Answer:

Total cash collection= $53,000

Explanation:

Giving the following information:

Sales:

February $60,000

March $50,000.

Cash:

40% of the sales are in cash.

Credit sales:

50% in the month of sale

50% in the next month

<u>Cash receipts March:</u>

Sales in cash March= (50,000*0.4)= 20,000

Sales on account March= (50,000*0.6)*0.5= 15,000

Sales on Account February= (60,000*0.6)*0.5= 18,000

Total cash collection= $53,000

8 0
3 years ago
Which of the following is not a cognate pizza hamburguesa sandwich perrito caliente
Nezavi [6.7K]
The word that is not a cognate word is caliente
8 0
3 years ago
Read 2 more answers
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