Answer:
$15,0000 is recorded as revenue
Explanation:
The amount of $15,000 is recorded as revenue immediately the sale is made on March 17. The Discount allowed of $300 (2%).
"3/10, Net 20" means Fredo will enjoy 2% discount if he pays within 10 days or pays in full within 20 days. The amount recorded in revenue will not change regardless of which option he chooses.
Answer:
The correct answer is letter "D": Judy, an expert horse trainer, sells Bob a horse.
Explanation:
According to the Uniform Commercial Code (<em>UCC</em>) a <em>merchant </em>is a person who deals with a product or service of a business in which that person is regularly engaged. The <em>merchant </em>has knowledge and expertise related to the practices involved in the business transaction.
In that sense, only Judy, who is a horse trainer, would be labeled as a <em>merchant </em>by the UCC for selling a horse.
The available demand and goods
Answer:
I think blank 1- is B but not sur.
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<em>Hoping </em><em>you </em><em>have </em><em>a </em><em>good </em><em>day </em></h2>