Some sellers of used cars provide warranties to buyers, with the aim of reassuring buyers that the car is of good quality.
Answer:
Marketing company era
Explanation:
They need to get their product out there, so they use mission statements to please the customer, which is marketing.
To determine the answer to this, let us first determine the
interest using the formula:
Interest = Principal amount * Interest rate * Number of
months / 12
September to December would be 4 months, therefore:
Interest = $50,000 * 0.06 * 4/12
Interest = $1,000
Therefore the adjusting entry should be:
debit to Interest Expense of $1,000
In monopolistic competition, what effect do price variations generally have on the market as a whole?
It's no effect.
Answer:
The first step in operating cycle would be to purchase inventory from vendors.
The correct answer is D
Explanation:
The steps involved in operating cycle includes:
1. Purchase of inventory from vendors
2. Sale of goods to customers
3. Recording of sales in accounts
4. Collection of cash from customers
