Answer:
Date Particular Debit Credit
May 10, 2020 No Entry (Note 1) $0 $0
(To record contact entered into)
June 15, 2020 Account Receivable A/c $1,810
To Sales Revenue A/c $1,810
(To record Sales)
June 15, 2020 Cost of goods sold A/c. $1,050
To Inventory A/c $1,050
(To record cost of goods sold)
July 15, 2020 Cash A/c $1,810
To Account Receivable A/c $1,810
(To record payment received)
19.72
9.50
+ 35.00
$ 64.22 total outstanding checks
Answer:
BTW almost everyone ch.ats in the comments, and some people also plagiarize not just that person FYI
The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
<h3>What is a zero-based budget?</h3>
A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.
The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.
In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
Read more about zero-based budget
<em>brainly.com/question/24950624</em>
The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True
.
<u>Explanation:
</u>
The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.
Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.
A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.
