Since the transaction was on account basis, the journal entry will be:
debit accounts receivable for $625
credit sales $625
the account title accounts receivable was used because the debtor didn't pay for the merchandise and the sales account was used because the company gain income from that transaction.
Answer:
$165,000
Explanation:
The computation of the annual net cash flow is shown below:
But before that first we have to find the depreciation expense which is
= (Initial cost - Salvage Value) ÷ estimated life
= ($400,000 - $75,000) ÷ 5 years
= $65,000
Now the annual net cash flow is
= Depreciation expense + Net Income
= $65,000 + $100,000
= $165,000
We simply added the depreciation expense and the net income so that the annual net cash flow could come
Answer:
have a high "divorce rate."
Explanation:
A strategic alliance can as well reffered to as strategic partnership and can be regarded as agreement that exist between two parties or more so that they can work in acheiving some objectives they agreed on even though they still remains as an independent organization to each other. It should be noted that Experience indicates that strategic alliances have a high "divorce rate."
Another factor that the owner of this house can bring forward in order to prevail on the case is that That his land would have been damaged without the storage shed or that the contractor was negligent.
<h3>What is negligence?</h3>
This refers to all sorts of damages that could occur due to the fact that a person has failed to take care of something.
The negligence of the landowner has ked to the destruction of the neighbors property because the appropriate precautions were not taken.
Read more on negligence here:
brainly.com/question/14480857
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