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spayn [35]
3 years ago
11

Applying the time-period concept

Business
1 answer:
Gelneren [198K]3 years ago
6 0

Answer:

a) $200

b) $3,000

c) $900

d) $50

Explanation:

The amount of each adjustment will be as follows

a) Business receives $2,000 on January 1 for 10-month service contract for the period January 1 through October 31.

Thus,

Monthly amount

= Total amount ÷ Duration from January 1 through October 31.

= $2,000 ÷ 10

= $200

b)  Total salary for all employees is $3,000 per month. Employees are paid on the 1st and 15th of the month.

since the salary is paid per month it will be remain $3,000 after adjusting

c) The bill for the customer for the month is $900

d) The interest payable will remain same as $50 is paid each month

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babymother [125]

Usually, people will buy 2 or 3 products that function almost the same; after that, they will be returned goods that don't match what they want.

Return of goods can be done in accordance with the terms and a predetermined period of time. In addition, there must be proof of purchase.

Sales returns are receipts of goods by the seller that are returned from the buyer. With a return policy, every item that has been purchased can be returned to the store that sold it as long as it is within the specified time and money equal to the price of the item will be returned.

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7 0
1 year ago
When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?
jekas [21]
That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities
8 0
2 years ago
For each of the following transactions, identify it as a financial capital inflow or financial capital outflow in the United Sta
Alexxandr [17]

Answer: See explanation

Explanation:

The balance of payment show tge transactions that occur between a country and another country.

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This is a financial capital inflow and the transaction is in the current account.

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This is a financial capital outflow and the transaction is in the financial account.

c. A Brazilian company buys an apartment building in Boston.

This is a financial capital inflow and the transaction is in the current account.

d. The central bank of China purchases a U.S. Treasury Bond.

This is a financial capital inflow and the transaction is in the financial account.

e. A businessman is paid dividends on the stock from a foreign corporation that he owns.

This is a financial capital inflow and the transaction is in the financial account.

5 0
3 years ago
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marshall27 [118]

Interdependent fits here group members can work well alone, but also come together

5 0
3 years ago
Read 2 more answers
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Lelechka [254]

Answer:

B. Ordinal

Explanation:

Ordinal scales  of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc

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7 0
3 years ago
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