1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
3 years ago
12

The journal entry to record the receipt of a payment within the discount period on a sale of $900 with terms of 2/10, n/30 will

include a
Business
1 answer:
Triss [41]3 years ago
3 0

Answer and Explanation:

Given that

The Sale is made for $900

Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days

Now the journal entry to record the receipts of a payment within discount period is

Cash Dr $882

Sales discount $18

            To Account receivable $900

(Being the cash received)

You might be interested in
An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to c
tiny-mole [99]

Answer: A) need not disclose that fact to the clients

Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an  investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.

5 0
3 years ago
Which is NOT one of the similarity between projects and operations Both are Performed by Individuals Both are Limited by constra
bonufazy [111]

Answer:

Both are ongoing

Explanation:

Remember, projects do not go on forever. Rather, projects are usually marked by deadlines. However, operations are simply ongoing activities in which resources are planned, executed, monitored and controlled by individuals.

which may be constrain

A none similarity between projects and operations is that, they both are not ongoing .

5 0
3 years ago
What is bigger 9 yd or <br>324 in​
OlgaM077 [116]
9 yards is 324 inches so they are equal.
4 0
3 years ago
Tammy just moved to an area that will soon get cold. She owns some sweaters, but she is not fond of them. She also does not own
Natalka [10]
Her needs must be met before her wants.
3 0
2 years ago
governments that are interested in minimizing the efficiency costs of taxation should only tax goods where
lisov135 [29]

Answer:

Governments that are interested in minimizing the efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.

Explanation:

hope this helps

6 0
2 years ago
Read 2 more answers
Other questions:
  • Pendergast, Inc., has no debt outstanding, and has a total market value of $180,000. Earnings before interest and taxes (EBIT) a
    5·1 answer
  • Comfort Cords produces curtain cords. In the process of manufacturing those cords, it also produces hair ties which are sold sep
    10·1 answer
  • Harrison works at a nationally known grocery store chain. He is analyzing sales data from the past five years to determine which
    9·1 answer
  • Gross profit equals the difference between sales revenue and cost of goods sold plus operating expenses. net income and operatin
    6·1 answer
  • Which of the following practices are not considered essential for a comprehensive JIT implementation: Uniform production (also k
    12·1 answer
  • Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima
    8·1 answer
  • You work for an accounting firm, and your supervisor is interested in learning more about the proposed tax reforms in your state
    14·1 answer
  • A foreign branch bank operates like a local bank, but legally Group of answer choices a branch bank is subject to only the banki
    9·1 answer
  • A start-up is expanding overseas and spends an excessive amount of time on
    15·1 answer
  • Explain fayols 14 principle of management in any organization
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!