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3 years ago

Question 18 Unsaved

Business

2 answers:

laila [671]3 years ago

8 0

https://quizizz.com/join/

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this will help has all the answers.

Sloan [31]3 years ago

4 0

Product development
Slogan
A paycheck you receive
Your money is protected by insurance
A checking account
Use diversification
How much one unit of currency is worth when converted to another currency

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Stylon Co., a women's clothing store, purchased $13,000 of merchandise from a supplier on account, terms FOB destination, 1/10,

Ber [7]

Answer:

Dr. Inventory..................13,000

Cr. Accounts Payable...............13,000

Explanation:

Stylon Co., a women's clothing store, purchased $13,000 of merchandise from a supplier on account, terms FOB destination, 1/10, n/30 using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $2,100, receiving a credit memo.

a. Journalize Stylon's entry to record the purchase. If an amount box does not require an entry, leave it blank.

Dr. Inventory..................13,000

Cr. Accounts Payable...............13,000

b. Journalize Stylon's entry to record the merchandise return. If an amount box does not require an entry, leave it blank.

Dr. Accounts Payable........2.100

Cr. Inventory...................................2,100

c. Journalize Stylon's entry to record the payment within the discount period of 10 days. If an amount box does not require an entry, leave it blank.

In this case there will be discount credited to the inventory account

Dr. Accounts Payable.....(13000-2100)....10,900

Cr. Inventory................................................................109

Cr. Cash....................................................................10,791

d. Journalize Stylon's entry to record the payment beyond the discount period of 10 days.

In this case there will be no discount credited to the inventory account

Dr. Accounts Payable.....(13000-2100)....10,900

Cr. Cash....................................................................10,900

7 0

3 years ago

What is latin america's "informal sector", and how does it serve as a barometer for its economy? in your discussion please provi

Grace [21]

The informal sector (also known as informal or "grey" economy) is not taxed or monitored by the government and is made up of people who are self employed. The informal sector can be large or small depending on the country, and is hard to measure. The contributions of the informal sector are not calculated into a country's GDP.

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4 years ago

Barbara has $150 to open a checking account. Her employer will send her paycheck via direct deposit, but otherwise she wants to

Sunny_sXe [5.5K]

Dont know the answer, but i can tell you that combo is wrong.

7 0

3 years ago

Read 2 more answers

< Back to Assignment Attempts: Average: / 1 3. Rules versus discretion This question addresses the issue of whether monetary

Gemiola [76]

Answer:

Monetary rules may lead to a lower sacrifice ratio because the public is more confident that the Federal Reserve will keep inflation low.
The time inconsistency of policy problem can be eliminated by having the central bank commit to a particular policy rule.

Explanation:

Monetary Policy by a central bank is what decides how much money will be in an Economy and so can have influence on interest and inflation rates.

There have been some arguments as to whether Central banks like the Fed should use a Rule based approach where monetary policy is in line with set rules vs Discretionary where the Fed can implement monetary policy based on their perception of Economic events.

Some of the arguments presented by proponents for the Rule based approach are;

If certain rules in place to govern monetary policy in terms of inflation keep the inflation rate stable and low, the sacrifice ratio will be lower. The sacrifice ratio refers to the costs of a fluctuating inflation rate on the economy with producers producing less when inflation falls as they wait for it to rise again. If the rate is kept low, the producers would have to produce regardless.
If the Fed were to commit to certain rules, policy will be implemented on a consistent basis such as the increase in money supply every period. This would remove the time inconsistency of policy problem.

7 0

4 years ago

The market for household appliances in Richland is monopolistically competitive. Some firms in this market are incurring losses.

alina1380 [7]

Answer:

Monopolistic competition exists in industries that have many firms offering similar products or services. In monopolistic competition, those similar products are not perfect substitutes for one another. Barriers in entry and exit of these industries are low and decisions made by one firm do not directly affect its competitors. In the short term, a monopolistically competitive industry can incur losses nut only if those loses are higher than the fixed costs the organization will stop operations.

8 0

3 years ago