Answer: see explenation
Explanation:
A process of reasoning that moves from the general to the specific, in which a conclusion follows necessarily from the premises presented so that the conclusion can't be false if the assumptions are true. The most common expenses that qualify for itemized deductions include: Home mortgage interest. Property, state, and local income taxes. Investment interest expense.
Answer:
Allied Merchandisers
Journal Entries
Date General Journal Debit Credit
03-May Merchandise Inventory $20,000
To Cash $20,000
05-May Accounts Receivable $21,000
To Sales $21,000
05-May Cost of goods sold $15,000
To Merchandise Inventory $15,000
07-May Sales Returns and allowances $1,750
To Accounts Receivable $1,750
07-May Merchandise Inventory $1,250
To Cost of goods sold $1,250
08-May Sales Returns and allowances $300
To Accounts Receivable $300
15-May Cash $18,571
Sales Discounts $379
($18950*2%)
To Accounts receivable $18,950
($21000-$1750-$300)
<u>Answer:</u>
<em>The practice of buying and selling goods and services over the internet is known as E-Commerce</em>
<u>Explanation:</u>
E-commerce is otherwise called electronic trade or web business. Exchange of cash, assets, and information is likewise considered as E-business. These business exchanges should be possible in four different ways:
Business to Business (B2B), Business to Customer (B2C), Customer to Customer (C2C), Customer to Business (C2B).Any variety of the spelling is right, and everything portrays a similar demonstration of performing business by means of the web.
<span>Excess supply decreases the number of potential sellers and increases the number of potential buyers. This situation will continue until an equilibrium is reached where the number of buyers will be roughly the same as the number of sellers. The price will continue to fall until a clearing of the market results in a steady state.</span>
