1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fed [463]
4 years ago
5

What transactions that are include in sales and sales return journal?

Business
1 answer:
IceJOKER [234]4 years ago
5 0
Sales journal, here goods that are sold on credit are recorded while in a sale return journal goods, initially sold on credit when returned are recorded here.
You might be interested in
Item 35Item 35 You expect to receive $4,100 upon your graduation and will invest your windfall at an interest rate of 0.63 perce
Arada [10]

Answer:

It will take 11.7 years to reach the objective

Explanation:

Giving the following information:

PV= $4,100

FV= $5,500

i= 0.0063

n= ?

To calculate the time required to reach the future value, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)

n= ln(5,500/4,100) / ln(1.0063)

n= 46.78

in years= 46.78/4= 11.70

It will take 11.7 years to reach the objective

4 0
3 years ago
A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -  

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit  

3. Deals with same or homogeneous products  

4. The sellers and buyers are more in this market  

5 0
3 years ago
To determine if a product should be considered ___, it can be compared with existing products or its level of required consumer
jarptica [38.1K]

Answer:

new

Explanation:

If the product is truly new, it is bought by novelty fans, snobs; This phase would be equivalent to that of the early childhood of the human being.

The product at this time is new and unknown, so it is necessary to spend some time in publicizing the product and gaining market acceptance. Sales start and grow very slowly. The benefits are non-existent in almost all this phase. The time when they start to occur usually coincides with the end of this stage.

That is why it is said that in addition to the FTC having a legal definition of the same, it is defined by the experienced consumer.

5 0
3 years ago
Read 2 more answers
True or False? Conditional formatting in Excel can make it difficult to identify data that satisfy certain conditions in a data
inn [45]
Answer:

False

Explanation:

Conditional formatting is a special feature in excel spreadsheets that allow the application of specific modification to cells that meet certain criteria.
It is most commonly used to highlight color, emphasize text or heading, and differentiate data from information stored in a spreadsheet.
7 0
3 years ago
Consumers are buying _______________ goods when they switch between brands of convenience goods out of boredom or the desire to
suter [353]

Answer:

Variety-seeking.

Explanation:

Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.

7 0
3 years ago
Other questions:
  • a. The loss on the cash sale of equipment was $5,125 (details in b). b. Sold equipment costing $46,875, with accumulated depreci
    7·1 answer
  • e. If the market price of wheat instead falls to $20.00 per bushel, how much wheat will Ali choose to produce per month in order
    11·1 answer
  • The debt has an interest rate of 8.50% (short term) and 10.50% (long term). The expected rate of return on the company's shares
    11·1 answer
  • Hector has decided that he wants to open a business in which he sells garden and landscaping plants and provides classes on how
    6·1 answer
  • This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis
    12·1 answer
  • You have just obtained a personal loan for a new home movie system under the simple interest method. You have borrowed $12,000 f
    13·1 answer
  • Gardening supplies are hot now, but they haven't always been. Why is this true of other businesses, too?
    6·1 answer
  • Suppose that XYZ Company hires labor and capital in competitive input markets. Assume that labor costs $200 per day and that a u
    9·1 answer
  • The concept of economic profit is used for making a decision between your two _______ options. Earning zero economic profit is n
    15·1 answer
  • Gina induces hugh to enter into a contract for the purchase of a condominium about which gina knowingly misrepresents a number o
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!