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polet [3.4K]
3 years ago
11

Shiva returns goods worth Rs.2000 and received cash Rs.8000 ?​

Business
1 answer:
Reika [66]3 years ago
6 0

Answer:

When goods were sold to Shiva :

Shiva A/C   Dr   Rs.10,000

   To Sales A/C    Rs.10,000

(Being goods sold to Shiva)

When goods are being returned by Shiva :

Sales Returns A/C   Rs.2000

   To Shiva A/C   Dr    Rs.2000

(Being goods returned by Shiva)

When Cash is received from Shiva :

Cash A/C  Dr    Rs.8000

  To Shiva A/C   Rs.8000

(Being Cash received from Shiva)

HOPE THIS HELPS!!!

MARK IT AS BRAINLIEST!!!

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Discouraged workers are people who want to work but have given up trying to find a job after an unsuccessful search.
Softa [21]

Answer: TRUE

Explanation: Discouraged workers are that portion of the population in an economy who have legal age for employment and also wants to get employed but due to long term of unemployment have now stopped looking for it.

Due to repetitive failures in attempt of seeking employment, this section of labor force gets discouraged and is not considered while evaluating unemployment rate in an economy.

7 0
3 years ago
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

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8 0
1 year ago
Assume the following sales data for a company:
ella [17]

Answer:

b. 30%

Explanation:

The computation of the percentage increased in sales from the previous year to the current year is shown below:

= (Current year Sale - Preceding year Sale) ÷ (Preceding year Sale )

= ($325,000 - $250,000) ÷ ($250,000)

= ($75,000) ÷ ($250,000)

= 30%

Hence, the correct option is b. 30%

We simply applied the above formula to determine the percentage increased in sales

5 0
2 years ago
ALTS Infosystems is a software consulting firm based in Redmond. The firm uses a standardized job analysis questionnaire contain
katen-ka-za [31]

Answer:

the Position Analysis Questionnaire

Explanation:

Position Analysis Questionnaire -

It is a job analysis questionnaire which judges the skill level for job and the applicants characteristics for the job profile .

The PAQ method composed of detailed questions in order to generate the report analysis .

This have a wide range of application , in the industrial sector and individual and organizational psychology and even in the human resource department .

Hence , The ALTS infosystems is using Position Analysis Questionnaire .

5 0
3 years ago
On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 da
Tomtit [17]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $100,000            

     To Notes payable A/c $100,000        

(Being the issuance of the note payable is recorded)

For recording this transaction, we debited the cash account as it increases the asset and credited the note payable account as it also increases the liabilities account    

5 0
3 years ago
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