If they were rude or if we were closed (I guess)
Answer:
licensing
Explanation:
Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.
<span>You need to service each level of education - primary,secondary,tertiary, and non formal education.You should have a budget.To become a production service worker one may need a bachelor degree along with an internship experience.</span>
Answer:
The journal entry for the cash receipt and on that the sales tax is charged is as follows:
Explanation:
Cash A/c................................Dr $8,640
To Sales A/c.............................Cr $8,000
To Sales Tax Payable A/c.....Cr $ 640
Working Note:
Sales Tax Payable = Amount of cash sales × Rate of Sales Tax
= $8,000 × 8%
= $640
So, the total of cash received will be = Sales Amount + Amount of sales tax payable
= $8,000 + $640
= $8,640
Answer:
The amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year is $8,000
Explanation:
For computing the ending balance of capital account, first, we have to compute the net income or loss which is shown below:
Net income/loss = Fees revenue - salary expense - rent expense - supplies expense
= $10,000 - $7,000 - $6,000 - $6,000
= ($19,000)
Now the ending balance would be
= Opening capital - net loss - drawings
= $18,000 - $9,000 - $1,000
= $8,000
