Answer:
<u>Personality</u>
Explanation:
The term "personality" conveys how a person or an individual's unique traits guide his/her reactions and actions in particular situation.
Each person is unique in the sense, no two individuals share exactly same thoughts or react in exactly same manner. Individuality refers to the uniqueness of ideas, thoughts and reactions which distinguish a person from another.
Personality of an individual gradually assumes shape over a period of time, being an outcome of the kind of people one associates with, tastes and preferences, addition of ideas, etc.
Answer:
Feb. 2021
Dr Gift Card Liability $20
Cr Gift Card Revenue $20
(to record revenue arisen from oustanding Gift Card Liability)
Explanation:
Under GAAP, the accounting for Gift Card is quite simple. When the gift card are sold, Gift Card Issuer receives Cash (Debit Cash) and assume the Liability (Cr Liability) to anyone owning the gift card for later providing of goods/services priced at the Cash amount that had been received.
It is not until Gift Card is redeemed that Gift Card Issuer is allowed to record revenue (Credit Revenue) as it is an actual point of time when the provide of goods/services takes place. Also at the same time, once the goods/services are provided, they Liability assumed earlier in time through Gift Card issuance will be discharged to the extent of the price of goods/services provided.
Answer: The correct cash balance for Sooner Company is "(C) $7,150."
Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:
Notes collected by the bank $ 2,200
Service fee $ 50
<u>Therefore: 5000 + 2200 - 50 = $7150</u>
Answer:
the amount of interest that is collected is $503.75
Explanation:
The computation of the amount of interest that is collected is shown below:
= Cash loan × number of days ÷ total number of days × rate of interest
= $31,000 × 90 days ÷ 360 days × 6.5%
= $503.75
Hence, the amount of interest that is collected is $503.75
This is the answer but the same is not provided in the given options
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: c. closing the sale is the final—and most satisfying—part of the process.
Explanation:
Closing the sale is NOT the final part of the process but rather the FOLLOW-UP.
And like option e in the question shows, following up can lead to more sales for the representative because following up can guage customer satisfaction and if the customer is satisfied, they could become loyal and recurrent customers.