Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
The correct answer is A.
Explanation:
According to the previous argument, imposing the rate at the time of recovery would reduce waste more effectively, as consumers tend to keep old appliances for longer if they face a fee for disposal. So, what Sperland would be causing is for consumers to look for different alternatives to avoid incurring such expenses.
Answer:
The correct answe is A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.
Explanation:
A separate management of the registry and custody functions will reduce fraud, since being two tasks where cash is handled, it is likely that if the same person performs both functions, they will end up diverting money for their convenience, which directly affects in the organization and would waste important resources that can be executed in other important areas.
<h2>The given statement is true.</h2>
Explanation:
Points and sub points help the readers to,
- Understand it clear
- Better clarity
- Reader-friendly
As per the given statement in the question, it is mandatory to have two or more points as sub points.
Reason:
We go for elaborating with sub points for the reason that
- it needs more briefing in points
- Need to talk variety of details
- To convey depth of content in simple way
- Depth indicates that the pointers will be more than 2 items
So if the pointers are lesser than two, then it is enough the content is delivered as a single statement than in points.
