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3 years ago

Question 3

Business

2 answers:

pochemuha3 years ago

8 0

Answer:

D) Sole proprietorship

Explanation:

Sole Proprietorship offers the <em>quickest decision-making</em>, because a sole proprietorship consists of only 1 owner, which means that the decision is only required to be made by the owner, and not by other people. This offers the quickest decision-making.

pav-90 [236]3 years ago

3 0

Answer:

D)Sole proprietorship

Explanation:

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During the month of June, Ace Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 Pur

Alinara [238K]

Answer and Explanation:

The journal entries are shown below:

On June 3

Merchandise Inventory $4,100

To Accounts payable $4,100

(Being the purchase of goods on credit is recorded)

On Jun 5

Accounts payable $1,100

To Merchandise Inventory $1,100

(To record purchase returns)

On June 6

Merchandise Inventory $1,000

Accounts payable $1,000

(Being the purchase of goods on credit is recorded)

On June 11

Accounts payable ($4,100 - $1,100) $3,000

To Cash $2,960

To Inventory ($4,100 - $1,100) × 2% $60

(Being the payment is recorded)

On June 22

Accounts Payable $2,000 ($3,000 - $1,000)

To Cash $2,000

(Being the payment on account in full is paid)

4 0

3 years ago

In the ________ era, manufacturers focused on product innovation, rather than satisfying the needs of individual customers.

Temka [501]

It should be noted that in the Production Oriented Era,manufacturers focused on product innovation, rather than satisfying the needs of individual customers.

<h3>What is Production Oriented Era?</h3>

Production Oriented Era can be regarded as an era in which manufacturers were concerned with product innovation, they do this instead of meeting customers needs.

In this era Retailers were considered places to hold inventory until it was sold.

Learn more about Production Oriented Era at:

brainly.com/question/6264918

8 0

2 years ago

Waterway Industries purchased a depreciable asset for $837300 on January 1, 2018. The estimated salvage value is $84000, and the

murzikaleks [220]

Answer:

$222,100

Explanation:

Cost = $837,300

Residual value = $84,000

Useful life = 9 years

Now,

Annual straight line depreciation = $\frac{Cost-Residual Value}{Useful life}$

Annual straight line depreciation = $\frac{837,300 - 84,000}{9}$

Annual straight line depreciation = $\frac{753,300}{9}$

Annual straight line depreciation = $83,700

Accumulated depreciation for three years i.e., 2018, 2019 and 2020 would be:

Accumulated depreciation = 3 × $83,700

Accumulated depreciation = $251,100

Book value (at the end of year 2020) = Cost - Accumulated depreciation

Book value (at the end of year 2020) = $837,300 - $251,100

Book value (at the end of year 2020) = $586,200

Revised useful life = 5 years

No. years asset has been used = 3 years

Remaining useful life = 2 years

Revised salvage value = $142,000

Therefore, depreciation expense for the remaining three year would be:

Revised depreciation expense = $\frac{Book value at the end of 2020 - Revised residual Value}{Remaining useful life}$

Revised depreciation expense = $\frac{586,200 - 142,000}{2}$

Revised depreciation expense = $\frac{444,200}{2}$

Revised depreciation expense = $222,100

5 0

3 years ago

A good change control process will include:

harkovskaia [24]

Answer: A. All of these

Explanation: Change Control is the process companies uses to document, identify and authorize changes to an environment or process. It assists in reducing the chances of unauthorized modifications, disruptions and errors in the system/process and therefore follows a specific pattern towards its implementation. This would include: Change request identification, assessment, analysis, approval or rejection, and finally implementation. All these from start to finish is usually documented in the change request log.

8 0

3 years ago

U.s. firms that produce sophisticated military hardware are prohibited from exporting that equipment to "unfriendly" governments

Vladimir [108]

The answer is Embargo

Can you give me brainliest? :D

8 0

3 years ago