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3 years ago

Match the departments with task that they perform in the fulfillment process. Sales Accounting Warehouse

Business

1 answer:

maw [93]3 years ago

4 0

Answer:

C. Prepares and sends the invoice

Explanation:

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What's the best strategy for avoiding ATM fees?

GalinKa [24]

Going to your designated bak

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3 years ago

Read 2 more answers

Mar. 17 Received $275 from Shawn McNeely and wrote off the remainder owed of $1,000 as uncollectible.

kogti [31]

Answer: Please see the required journals below:

Mar. 17:

Debit Allowance for doubtful accounts $1,000

Credit Accounts receivable $1,000

July 29:

Debit Cash $1,000

Credit Bad debt recovery (income statement) $1,000

Explanation: On March 17, when $275 was received from Shawn and the remaining balance of $1,000 was written off, the allowance for doubtful accounts has to be debited since the company adopts the allowance method of accounting for uncollectible receivables. Note that the allowance account would have the required buffer to take care of this debit. Similarly, when the recovery was made, cash would be debited then the credit would default to income statement.

3 0

3 years ago

Suppose a person quits a job earning $40,000 per year and starts a business with $90,000 withdrawn from a money-market accoun

weeeeeb [17]

Answer:

The correct answers are $40,000 and $13,500

Explanation:

The implicit cost of the business is $40,000 nothing for the entrepreneur's time plus $13,500 nothing for the entrepreneur's funds (enter your response as an integer)

The implicit cost indicates the cost of an asset rather than selling it or renting it out. In other words, the company has to give up by deciding not to exploit an asset. For this case $40,000

For the other line

15% = 0.15

$90,000 x 15% = $13,500

4 0

3 years ago

Lotoya Davis Corporation has 10 million shares o common stock issued and outstanding. On June 1, the board of directors voted an

Viktor [21]

Answer:

June 1st:

Retained Earnings (Dr.) $8,000,000

Dividends Payable (Cr.) $8,000,000

June 30th

Dividends Payable (Dr.) $8,000,000

Cash (Cr.) $8,000,000

These entries will remain same even in the case of liquidating dividend.

Explanation:

On June 1st the dividend is declared so the journal entry will be

Retained Earnings (Dr.) $8,000,000

Dividends Payable (Cr.) $8,000,000

There will be no journal entry on June 14th.

On June 30th the dividend is paid:

Dividends Payable (Dr.) $8,000,000

Cash (Cr.) $8,000,000

The entry would not have differed if it was a liquidating dividend.

5 0

3 years ago

You have just deposited $9,000 into an account that promises to pay you an annual interest rate of 6.1 percent each year for the

Ann [662]

Answer:

Annual interest rate = 8.23%

Explanation:

The annual interest rate i must have earn over the last 8 years to accomplish this goal is:

= ((25650/(9000*(1+6.1%)^7))^(1/8))-1

= ((25650/(9000*1.513588))^(1/8)) - 1

= ((25650/13622.29)^(1/8) - 1

= 1.882943323038931^(1/8) - 1

= 1.08231743862 - 1

= 0.08231743862

= 8.231743862%

= 8.23%

8 0

3 years ago