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LekaFEV [45]
3 years ago
12

the paranting style which takes the concerns of all family members into account when making decisions is

Business
1 answer:
Aloiza [94]3 years ago
6 0
Democratic parenting style
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A company purchased $2,600 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $600 worth of merchandise. On
mamaluj [8]

Answer:

No options presented but the entry below should be right.

$2,600 worth of merchandise was purchased but $600 was returned so Net accounts receivable:

= 2,600 - 600

= $2,000

Company paid the full amount on July 12 which is within the 10 days required for a discount so they get a 3% discount:

= 2,000 * ( 1 - 3%)

= $‭1,940‬

Date               Account details                                     Debit               Credit

July 12           Accounts Payable                               $2,000

                      Cash                                                                               $1,940

                      Merchandise inventory                                                    $60

4 0
2 years ago
Businesses adopt and identify target markets for their products to: a. maximize the impact of the cost of marketing. b. coerce p
NeTakaya

Answer: maximize the impact of the cost of marketing

Explanation:

The target market is a particular group of consumers that the advertisement of a product or service is typically aimed at.

Businesses adopt and identify target markets for their products to maximize the impact of the cost of marketing. When the target market for a product or service has been known by a company, the business can find the most efficient and effective strategy to advertise their product. This will help in the minimization of cost of marketing.

6 0
2 years ago
Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
Oksi-84 [34.3K]
Please forgive me if I’m wrong
I think it would be a.true
7 0
2 years ago
Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $962,000
Anarel [89]

Answer:

Providing for Doubtful Accounts

The amount of the adjusting entry to provide for doubtful accounts are:

a) = $68,825

b) = $28,600

c) = $36,275

d) = $83,700

Explanation:

a) Data and Calculations:

Accounts receivable balance = $962,000

Sales for the year = $10,910,000

Allowance account before adjustment = $13,000 (credit)

Estimated Bad Debt Expense = 3/4 of 1% of Sales

= 3/4 * 1% * $10,910,000

= $81,825

Bad Debt Expense = $68,825 ($81,825 - $13,000)

b) Allowance account before adjustment = $13,000 (credit)

Estimated doubtful accounts = $41,600

Bad Debts Expense = $28,600 ($41,600 - $13,000)

c) Allowance account before adjustment = $9,000 (debit)

Estimated Bad Debt Expense = 1/4 of 1% of Sales

= 1/4 * 1% * $10,910,000

= $27,275

Bad Debt Expense = $36,275 ($27,275 + $9,000)

d) Allowance account before adjustment = $9,000 (debit)

Estimated doubtful accounts = $74,700

Bad Debts Expense = $83,700 ($74,700 + $9,000)

The adjusting entry is:

Debit Bad Debts Expense

Credit Allowance for Doubtful Accounts

With the amount of the adjusting entry in each case

3 0
3 years ago
What are loans to a company or government for a set amount of.time. they earn interest and are considered low-risk investments.
irga5000 [103]

Answer:

b) bonds

Explanation:

Bonds are investment assets. Investors lend money to the government and corporates over a fixed period. In return, the company or the government pays a fixed amount of interest periodically until the agreed fixed period is over( maturity date). At maturity, the investor receives back the full amount he had loaned out (the principal amount).

Bonds are considered a low-risk investment option. Governments hardly default on their bond obligations. Companies that issue bonds to the public regulated and are less likely to default on payments.

5 0
2 years ago
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