Relationship marketing aims to build mutually satisfying long-term collaboration with key constituents, such as customers, employees, suppliers, distributors, and other marketing partners, in order to earn and retain their business.
A control account appears in the general ledger and is supported by a subsidiary ledger.
<h3>What is a control account in accounting?</h3>
A control account is known to be a summary-level account that is found the general ledger.
This account is made up of aggregated totals for transactions that are personally stored in subsidiary-level ledger accounts.
Note that;
- The control account in the general ledger is known as Accounts Payable account.
- When postings are complete, the subsidiary ledger are said to be equal the balance of the Accounts Payable account in the general ledger.
- The subsidiary ledger is accurate by preparing a schedule of accounts payable and linking it against the balance in the control account.
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Answer:
In order to find the dividend 8 years from now we will use the formula D*(1+R)^N
Right now
D= 1.84
R=1.65%
N= 8
1.84*(1.0165)^8
=2.097
The dividend 8 years from now will be $2.097.
Explanation:
Answer:
Under north Carolina's laws, the developer must refund the buyer's money within a 30 day period since the purchase date. North Carolina law also sets a deadline of 5 calendar days to cancel a timeshare contract, so this buyer barely made it on time. A buyer cannot waive his right to cancellation, even if the option is not included in the contract.
Answer:
On Joker's separate balance sheet equipment amount would appear
= $470,000
On Velway consolidated balance sheet equipment amount would appear
= $970,000
Explanation:
Given:
Velway Book value of the equipment = $500,000
Velway Fair value of the equipment = $640,000
Joker book value of the equipment = $400,000
Joker Fair value of the equipment = $470,000
Now,
On Joker's separate balance sheet equipment amount would appear
= Fair value of equipment
= $470,000
And,
On Velway consolidated balance sheet equipment amount would appear as
= Book value of equipment of Velway + Fair value of equipment of joker
= $500,000 + $470,000
= $970,000
