1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
3 years ago
12

How to solve this problem please help me​

Business
1 answer:
Svetach [21]3 years ago
4 0

Answer:

Date                                Particulars Debit Credit

Inventory                                        40,000  

Accounts Payable - Gita                          30,000  

Bank                                                           10,000  

   

Accounts Receivable - Jeewan          7,000  

Sales                                                           7,000  

   

Cost of Goods sold                          10,000  

Inventory                                                      10,000  

   

Accounts Payable - Gita                   15,000  

Discount Received                                      1,000  

Cash                                                              14,000  

   

Cash                                                    6,500  

Discount Received                             500  

Accounts Receivable - Jeewan                       7,000  

Explanation:

It is required to record journal entries of given transactions. It is shown on the question that transactions includes purchase, sales, cash receipts and cash payment.  The first transaction describe that business purchase goods from Gita while in second transaction it shows the business sold goods on Credit. The third transaction indicates business paid cash to accounts payable and received discount. The fourth transaction indicates that business received cash from Jeewan a Receivable and received discount from them.

You might be interested in
In this course, you learned the way people work is changing. Describe three alternative types of employment that have become pop
UkoKoshka [18]

Answer:

It would be types of work that are different than the traditional full-time, commute to the office, 9-5, Monday-Friday job.

Explanation:

7 0
3 years ago
The stockholders' equity section of lester company's balance sheet follows:
avanturin [10]
Everything  the includes law .........
5 0
3 years ago
2. What are the advantages of utilizing a targeted marketing strategy?
aleksklad [387]

Answer:

Explanation:

Target marketing is a way of focusing your advert on specific people, location, age group, interest, in order to have a maximum yield.when utilizing target marketing strategy, there are a lot of advantages that are attached to it as discussed below;

  1. Precise advertisement ; when you have a target market you are aiming at you will not waste your energy in running numerous advertisements to the target area you only advertise what they need. e.g if a certain area in London demands for ladies bags so often and you make both female bags and male bags, your advert will definitely be on the bags that are demanded more often.
  2. It saves cost ; cost of running advert for so many goods and services will be reduced because you already know your target customers you only advertise what they needed with little money and more result.
  3. Loyalty; when you channel your strength in an area of target you become more reliable and trustworthy and you start to gain loyalty from your existing customers and referrals from them.
  4. Increased customer base your customer base will increase because your customer base has friends and family so they introduce you to them and from there your customer base increases.
8 0
3 years ago
Read 2 more answers
Assume a company's current ratio and acid-test ratio are less than 1.0 before it purchases inventory on credit. When it makes th
I am Lyosha [343]

Answer: b. Its quick ratio decreases.

Explanation:

The Quick ratio is calculated net of inventory to determine if a company can cover its current liabilities with its more liquid current assets. The formula is to subtract Inventory from the Current Assets and then divided that by the Currency liabilities.

The Quick ratio will be less than before because the number of current assets will not change but the amount of current liabilities will change as the goods were purchased on credit. With a larger denominator, the resultant ratio will be less than before.

7 0
3 years ago
Dr. Tanaka was served with a malpractice lawsuit based on allegedly removing the wrong organ. Following discovery, it becomes cl
lord [1]

The lawyer should make a motion for summary judgment.

<h3><u>Explanation:</u></h3>

A motion for summary judgement can be considered as a request that is made to the court for ruling other party that it has no case since there were no facts on the case. When the party makes the motion, it claims that the jury must rule in the moving party's side or the case should not move before a jury.  

A party can involve in filing a motion for summary judgment when the party feels that there are no facts in the case or problem. In the example given, there exists no evidence against the doctor and hence no jury can rule in favor of the plaintiff. Thus, the Doctor's lawyer should make a motion for summary judgment.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group
    14·1 answer
  • If you were an engineer of an actual roller coaster, what information would you need to know in order to ensure that your coaste
    6·2 answers
  • Are used to describe the basic characteristics of study populations and other data sources.
    13·1 answer
  • Singapore Airlines is recognized as an industry leader for exemplary customer service, and has continued to add new ways to serv
    9·1 answer
  • First Link Services granted 20 million of its $1 par common shares to executives, subject to forfeiture if employment is termina
    10·1 answer
  • Grjgdxgrd hdjgiktn rjgrjgnrf
    12·2 answers
  • Last week, the logistics employees at Run River got together to determine the best way to ship products overseas. Each employee
    15·1 answer
  • URL in brainly......how its changed
    5·1 answer
  • Discuss and develop a theoretical network architecture for a small business in the area that wishes to expand into new facilitie
    7·1 answer
  • What would economic conditions potentially be like in the u.s if the federal reserve did not regulate monetary policy, monitor b
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!