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harina [27]
3 years ago
12

When a customer places an order (on account) for a certain product, what should be done before the order is checked for inventor

y availability? The customer's available credit should be checked. The sales order should be created and written to a file. Shipping should be notified of an order in process. A picking list should be generated for the warehouse.
Business
1 answer:
Vlad1618 [11]3 years ago
8 0

Answer:

The correct answer is The customer's available credit should be checked.

Explanation:

A credit is a financing operation where a person called 'creditor' (usually a financial entity), lends a certain monetary figure to another, called 'debtor', who from then on, guarantees the creditor that he will return this requested amount in the previously stipulated time plus an additional amount, called 'interest'.

According to some authors in economics, credit represents a change that acts in time, rather than in space, so it is also considered "to alternate money from the present, for money in the future." The word derives from the Latin credititus, which means ‘trust’, therefore, a credit is the right of the creditor to receive from the debtor, the amount borrowed.

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The economic problem of _____ arises because human wants and desires are unlimited and the means to satisfy these wants are limi
raketka [301]

Answer:

Insatiation

Explanation:

Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants

Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human

4 0
4 years ago
To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
FrozenT [24]

Answer: Zoning Map Amendment?

Explanation:

Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.

It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

7 0
4 years ago
According to a recent study, offering low-cost offices with basic services to new businesses in the early stages of development
OverLord2011 [107]

The study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of <u>incubator</u><u>.</u>

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<h3>Who does the Incubators entails?</h3>

The Incubators is a tool that offer a new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, secretarial help etc

In conclusion, the study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of <u>incubator</u><u>.</u>

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Read more about incubator

<em>brainly.com/question/13714458</em>

3 0
3 years ago
Journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the dir
Luba_88 [7]

Answer:

  • Jan. 19

Dr Accounts receivable $ 6,400

Cr Sales $ 6,400

Dr Cost of Goods $ 3,000

Cr Inventories $ 3,000

  • June 2

Dr Cash $ 500

Cr Accounts receivable $ 500

Dr Bad Debt Expense $ 5,900

Cr Accounts receivable $ 5,900

  • Oct. 23

Dr Accounts receivable $ 5,900

Dr Bad Debt Expense $ 5,900

Dr Cash $ 5,900

Cr Accounts receivable $ 5,900

Explanation:

Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $6,400. The cost of goods sold was $3,000.  

Dr Accounts receivable $ 6,400

Cr Sales $ 6,400

Dr Cost of Goods $ 3,000

Cr Invetories $ 3,000

June 2 Received $500 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncollectible.  

Dr Cash $ 500

Cr Accounts receivable $ 500

Dr Bad Debt Expense $ 5.900

Cr Accounts receivable $ 5.900

In the direct Write-Off method, bad debts are directley cancel at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount.

Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $5,900 cash in full payment.  

Dr Accounts receivable $ 5,900

Dr Bad Debt Expense $ 5,900

Dr Cash $ 5,900

Cr Accounts receivable $ 5,900

8 0
3 years ago
1. Spending plans are decisions about how you spend your allowance. True / False
Arte-miy333 [17]

Answer:

True

Explanation:

When you have an amount of money allotted to you its good to come up with a plan on how to spend it efficiently.

6 0
3 years ago
Read 2 more answers
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