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3 years ago

What processes are needed in order to shape alternative design strategies for a system?

1 answer:

8 0

The administration likes to consider three options for arrangements in the low, center and high ranges. The low range arrangement offers the absolute minimum in elements and abilities. In any case, this arrangement is by and large the most efficient. The high range arrangement offers many components with usefulness being the prime target, not cost. The high range arrangement may surpass spending plan and timetable limitations. The center range is a trade off arrangement between the low and high range offerings. It is imperative to incorporate the obligatory components in each of the three arrangements; these are not discretionary.

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Bramble Family Importers sold goods to Tung Decorators for $39,000 on November 1, 2020, accepting Tung’s $39,000, 6-month, 6% no

Aliun [14]

Answer:

note receivable 39,000 debit

sales revenue 39,000 credit

--Nov 1st to record sale of goods to Tung Decorators --

interest receivalbe 390 debit

interest revenue 390 credit

--Dec 31th adjusitng entry for accrued interest --

cash 40,170 debit

note receivable 39,000 credit

interest receivable 390 credit

interest revenue 780 credit

--May 1st collection of the note--

Explanation:

First, we record the sales revenue and we enter the promissory note at his nominal. Interest will be accrued as the time past.

interest for the period Nov 1st - Dec 31th

prncipal x rate x time

we must always have rate adn time in the same metric so we express the mont has fraction of year:

39,000 x 6% x 2/12 = 390

collection of the note

cash procceds: principal + interest

39,000 x (1 + 6% x 6/12) = 40,170

we write off both receivables, the note and the interest,

and we recognize interest revenue for the difference

40,170 - 39,000 - 390 = 780

6 0

3 years ago

What is the major reason(s) for consumer default on loans?

denis-greek [22]

Major reasons for consumer default on loans can include: missed payments, either known or unknown. This has a negative effect on the consumer's credit score and can limit their chances to take out new lines of credit. A continuation of missed payments results in default. High interest loans are also a major reason for default.

6 0

4 years ago

Price discrimination is possible when a firm is able to ______.

irina1246 [14]

Answer:

d. identify and separate different types of buyers, and sell a product that cannot be resold

Explanation:

Segmenting the market into different groups is a way to charge varying prices. Each group has their own demand curve.

4 0

4 years ago

Read 2 more answers

On November 30, the company received an invoice from the electric company for $200. The company will pay the invoice in December

harkovskaia [24]

Answer:

Utility expense Dr. $200

Accounts payable Cr. $200

(To record the entry for electric expense)

Explanation:

Given the amount of the invoice = $200

The expenses like Electricity expenses come under utility expenses so the incurred electricity expense will show that the utility expenses are debited and account payable is credited. Here the account payable is credited because the is not paid.

Thus, below is the entry as on 30th November.

Utility expense Dr. $200

Accounts payable Cr. $200

(To record the entry for electric expense)

8 0

4 years ago

Why does the risk of incorrect rejection result in an efficiency loss to the auditor?

Sever21 [200]

8 0

4 years ago