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ozzi
3 years ago
14

A situation in which a buyer has limited supplierâ options, is procuring a criticalâ item, needs technologyâ innovation, or is c

oncerned about the availability of supply is described by whatâ relationship?
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
7 0

Answer:

Collaborative relationship

Explanation:

Here, it requires at least 2 parties to consent to this and the aim is to allow mutual benefits between both parties where they both benefit from each other. Thus, with this, more resources can be pumped to get the appropriate supply that is technologically advanced and equipped to to be used to foster the business

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Investments are different from savings accounts in that they:
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I think it is Carry a risk of losing money (A) 
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3 years ago
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After posting the journal entries to the ledger, what is the balance of the Cash account?
MArishka [77]
There needs to be more information.
7 0
3 years ago
On January 1, 2020, Oriole Company had Accounts Receivable $137,400, Notes Receivable $24,000, and Allowance for Doubtful Accoun
antoniya [11.8K]

Answer:

Oriole Company

Journal entries:

Jan. 5

Debit Accounts Receivable (Sheldon Company) $20,000

Credit Sales Revenue $20,000

To record sale of merchandise, terms n/15.

Jan. 20

Debit Notes Receivable (Sheldon Company)  $20,000

Credit Accounts Receivable (Sheldon Company) $20,000

To record acceptance of 3-month, 8% note

Feb 18

Debit Notes Receivable (Patwary Company) $9,000

Credit Sales Revenue $9,000

To record sale of merchandise for a 6-month, 9% note

April 20

Debit Cash Account $20,400

Credit Notes Receivable (Sheldon Company)  $20,000

Credit Interest on Notes Receivable $400

To record full settlement on account

April 30

Debit Cash Account $24,720

Credit Notes Receivable (Willingham Company) $24,000

Credit Interest on Notes Receivable $720

To record full settlement on account.

May 25

Debit Notes Receivable (Potter Inc.) $5,200

Credit Accounts Receivable (Potter Inc.) $5,200

To record acceptance of a 3-mont, 7% note.

Aug 18

Debit Cash Account $9,405

Credit Notes Receivable (Patwary Company) $9,000

Interest on Notes Receivable $405

To record full settlement on account.

Aug 25

Debit Accounts Receivable $5,291

Credit Notes Receivable (Potter Inc.) $5,200

Credit Interest on Notes Receivable $91

Sept. 1

Debit Notes Receivable (Stanbrough Company) $13,100

Credit Sales Revenue $13,100

To record sale of merchandise with a 6-month 10% notes receivable.

Dec. 31

Debit Depreciation Expense - Building $

Credit Accumulated Depreciation - Building $

To record depreciation expense for the year.

Debit Depreciation Expense - Equipment $

Credit Accumulated Depreciation - Equipment $

To record depreciation expense for the year.

Explanation:

Journal entries are prepared to record business transactions in the accounting books.  They show which account is to be debited and which is to be credited in the ledger.

Note that the book values of building and equipment were not included in this question, hence no figures were added to the adjusting journal entries for depreciation expenses.

7 0
3 years ago
Production and sales estimates for June are as follows:
anastassius [24]

Answer:

Production= 13,000

Explanation:

Giving the following information:

Estimated inventory (units), June 1 18,500

Desired inventory (units), June 30 19,000

Expected sales volume (units):

Area X 3,000

Area Y 4,000

Area Z 5,500

Total= 12,500

To calculate the production for the period, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 12,500 + 19,000 - 18,500

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5 0
3 years ago
A wealthy individual has set up a grat. should she die during the time the trust is active, how are the remaining assets in the
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A wealthy individual has set up a grat. should she die during the time the trust is active, the original value plus any appreciation is taxed as part of the grantor's estate.

Taxes are mandatory contributions levied on individuals or groups through a central authority entity—whether or not neighborhood, local, or countrywide. Tax sales finance authorities sports, together with public works and offerings which includes roads and colleges, or programs including Social security and Medicare.

A tax is a mandatory fee or financial rate levied by using any authority on a man or woman or a company to accumulate revenue for public works supplying quality facilities and infrastructure. The amassed fund is then used to fund different public expenditure applications.

Learn more about tax here:brainly.com/question/26316390
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4 0
2 years ago
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