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PilotLPTM [1.2K]
3 years ago
7

Brown Company provided services to a customer and immediately collected $1,900 cash. Show how to record the transaction to the T

-accounts by completing the following sentence. Service Revenue would be
Business
1 answer:
hjlf3 years ago
8 0

Answer:

credited; right; debited; left

Explanation:

The journal entry to record this transaction is shown below:

Cash A/c Dr $1,900

     To Service revenue A/c $1,900

(Being the cash is collected)

It to be displayed in T accounts

For cash account

                                                               Cash

Debit side

Service revenue                    $1,900

For service revenue account

                                                    Service revenue

                                                                                      Credit side

                                                                                     Cash    $1,900

So, the cash account would be debited and would be displayed on the left hand side while the service revenue would be credited and  would be displayed on the right hand side

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Many of the recommendations as team leader to increase your team's productivity will likely result in significant change to the
Pachacha [2.7K]

Answer:

Being a team leader is a huge responsibility towards the organization and team members as well. Changes in an organization are common but few people or team members are not able to accept the change and productivity decreases, so being a team leader following steps can be adopted to raise their urgency levels:

  • Add some incentive criteria that will motivate key employees as well for more productivity.
  • Have a interaction session to know the issues regarding changes and convincing members about the positive effects of changes.
  • Team leader required to be harsh sometime, so one can impose some strict rules or targets for productivity.
  • Team leader can create such working environment  that will motivate other members to work with fresh minds that will affect the productivity.

Team leader can choose any of the ways to raise the urgency level of team members.

3 0
3 years ago
Zeitler's Department Stores sells its products online and through traditional brick-and-mortar stores. The following parallel co
irakobra [83]

Question Completion:

Choose the correct answer below

(1) in-store customers appear to be middle aged, have higher annual income and live further distance away from a store

(2) in-store customers appear to be generally younger, have lower annual income and live near a store

(3) Online customers appear to be generally younger, have higher annual income and live further distance away from a store

(4) Online customers appear to be middle aged, have lower annual income and live near a store

Answer:

Zeitler's Department Stores

Online and In-store Customers:

According to the parallel coordinates plot, online customers are differentiated from in-store customers in the following ways:

(3) Online customers appear to be generally younger, have higher annual income and live further distance away from a store

Explanation:

Younger persons tend to embrace technology more than their older counterparts.  Based on this, they also engage on online purchasing of goods and services instead of visiting the traditional brick-and-mortar stores.  With online purchase, a customer is in better control because she can search for the best deals from any location.

7 0
2 years ago
Which of the following countries contributes the least amount of aid to foreign countries and multinational organizations based
katrin [286]

The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.

<h3>How much aid does the U.S. contribute?</h3>

The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.

The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.

Options for this question include:

A. United Kingdom

B. United States

C. Germany

Find out more on aid to foreign nations at brainly.com/question/769309

#SPJ1

4 0
1 year ago
Butler Corporation is considering the purchase of new equipment costing $30,000. The projected annual after-tax net income from
kobusy [5.1K]

Answer:

($3,100)

Explanation:

Net cash flows each year = Projected annual after-tax net income + Depreciation

Net cash flows each year = $1,200 + $10,000

Net cash flows each year = $11,200 each year

Total value of inflows in 3 years = Net cash flows each year * Annuity factor of (10%,3 years)

Total value of inflows in 3 years = $11,200 * 2.4018

Total value of inflows in 3 years = $26,900

Net Present value = Present value of inflows - Cash outflow

Net Present value = $26,900 - $30,000

Net Present value = ($3,100)

So, tnet present value of the machine is ($3,100).

7 0
3 years ago
A firm offers terms of 1.8/10, net 30. a. What effective annual interest rate does the firm earn when a customer does not take t
LUCKY_DIMON [66]

Answer:

a) 39.304%

b) 67.91%

c) 14.17%

Explanation:

a. Given"

Offer terms = 1.8/10

Now,

The Effective annual interest rate is given as:

= (\frac{\textup{100}}{\textup{100 - Discount rate}})^{(\frac{365}{total period - discount period})}-1

on substituting the respective values, we get

= (\frac{\textup{100}}{\textup{100 - 1.8}})^{\frac{365}{(30 - 10)}}-1

= 0.39304

or

= 39.304%

similarly,

b. for 2.8/10 net 30

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 2.8}})^{(\frac{365}{(30 - 10)})}-1

= 0.6791

or

= 67.91%

c. for 1.8/10 net 60

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 1.8}})^{(\frac{365}{(60 - 10)})}-1

= 0.1417

or

= 14.17%

8 0
3 years ago
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