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Alexxx [7]
3 years ago
11

When should you open a credit card account

Business
1 answer:
AleksAgata [21]3 years ago
7 0
Definitely number two
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Shore Co. sold merchandise to Blue Star Co. on account, $112,000, terms FOB shipping point, 2/10, n/30. The cost of the goods so
Crazy boy [7]

Explanation:

On the books of Shore Co

Cash A/c Dr $111,560

Sales discount A/c $2,240           ($11,2000 x 2%)

              To Accounts receivable A/c $113,800           ($112,000 + $1,800)

(Being cash is received)

On the books of Blue star

Accounts payable A/c Dr $113,800    ($112,000 + $1,800)

               To Merchandise inventory A/c $2,240              ($11,2000 x 2%)

                To Cash A/c $111,560

(Being cash is paid)

8 0
3 years ago
What do you call the person behind the desk at a hotel?
o-na [289]
The person is called a hotel desk clerk
5 0
2 years ago
Read 2 more answers
Identify five typical users of accounting information​
RUDIKE [14]

Answer:

Owners,and stockholders, directors,officers, internal departments

Explanation:

4 0
3 years ago
As you read the business news, you come across an advertisement for a bond mutual fund – a fund that pools the investments fro
Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0
2 years ago
At the break-even point of 1000 units, variable costs are $60000, and fixed costs are $35000. How much is the selling price per
Mice21 [21]

Answer:

the selling price per unit is $95

Explanation:

The computation of the selling price per unit is shown below:

Selling price per unit is

= Total cost ÷ break even points

where,

Total cost is

= Variable cost +  fixed cost

= $60,000 + $35,000

= $95,000

And, the break even point is 1,000 units

So, the selling price per unit is

= $95,000 ÷ 1,000 units

= $95

Therefore, the selling price per unit is $95

6 0
3 years ago
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