After recording the transaction in journal you must record it on General Ledger.
By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
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What is a sales seminar?
Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.
In conclusion, the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
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Answer:
Before starting her import business, Elena should try to gather relevant information from companies that import goods, and if possible information about companies that import African goods.
Explanation:
Elena might be right about American consumers liking African products, but if importing those goods is too difficult, or is subject to several trade barriers, or some other issues, then Elena might have to reconsider her idea. Sometimes no matter how good a business idea is, if it is impractical to carry out, then t is useless.
Answer:
there was inflation
Explanation:
Inflation may be defined as the rise in the price or the increase in the cost of a product or commodities in the market. It is when you pay more price for the same commodity that you have bought it in a less price earlier.
When there is inflation, the price of goods in the market increases.
In the context, Barbara usually buys the same market basket every week at a price of $ 60. But this week she could not buy the market basket even though she had $ 60 with her. This is because the price of the market basket increased this week due to inflation and now cost more than $60. So Barbara could not buy the market basket.