Answer:
d. Debit Cash $1,000 and credit Notes Receivable $1,000.
Explanation:
Notes receivable are assets for the firm that occur when other parties make a promise which is documented to give a certain amount at the time of demand or on a particular date.
As we know that<u> when assets will increase it will be debited</u> and <u>when assets will decrease, it will be credited.
</u>
In the given case, note receivable collected by the bank which indicates that asset is decreased because note receivable has already been collected however it was increased when not collected. And cash received here that means asset increased and hence <u><em>Debit Cash $1,000 and credit Notes Receivable $1,000.</em></u>
The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.
To know more about price skimming follow the link:
brainly.com/question/15371394
#SPJ4
Answer:
The overhead applied and the under- or over application of overhead for the period is $2,375,000 and $95,000 respectively
Explanation:
The computation of the overhead applied and the under- or over application of overhead for the period is shown below:
Overhead applied = (Estimated annual overhead cost ÷ Estimated machine hours) × Actual machine hours
= ($2,500,000 ÷ 100,000 machine hours) × 95,000 machine hours
= $2,375,000
So, the over applied overhead = Actual annual overhead cost - Overhead applied
= $2,470,000 - $2,375,000
= $95,000
Answer:
The process of "exposing healthy subjects to related or weakened disease agents to protect them from the pathogenic agent is now known as vaccination." But using the syphilis organisms would spread a full-blown serious disease agent. "Mercury and Salvarsan were used to treat syphilis. Although both treatments killed the bacterium, Treponema pallidum, the causative agent of syphilis they also caused rashes, liver damage, loss of limbs and life. These side effects have been attributed to improper handling of the drug."
Reference: Gordon State College. “Microbiology and You.” Microbiology and You: An Introduction, 2019