Explanation:
The journal entries are shown below:
a. Inventory Dr $23,500
To Account payable $23,500
(Being inventory purchased on credit)
b. Account payable Dr $4,200
To Purchase return $4,200
(Being the return of the inventory is recorded)
c. Account payable Dr $19,300
To Cash $19,300
(Being the payment of the invoice is recorded)
Answer: Supplier selection process
Explanation:
Supplier selection process is the scenario where an individual or a company wants to purchase an item and they contact various vendors who do such business, and asking them for prices, details; generally the requirements for the items they want, they now choose out of the various vendors options, that which matches what they want.
Timothy is in the supplier selection process, where he's evaluating every detail from the vendors based on his request, with an option to request from any of them that matches his request.
Answer: $13.25
Explanation:
From the question, we are informed that an oral auction has bidders willing to pay $4, $6, $9, $12, $13, and $15 for an item.
Based on the above scenario, the winning bidder will pay a little more than $13 or $13.25. This is because the bidder with the highest pay is willing to pay $15 but since the next person is willing to pay $13, that means the next bidder will price it at an amount that is a little bit above $13 which is $13.25.
Answer:
A balloon mortgage is a type of a loan that requires the borrower to make the payment as a lump-sum at the maturity period while under the ARM the borrower is allowed to choose the small periodic payments suitable for both the lender and the borrower.
ARM is the abbreviation for Adjustable Rate Mortgage. therefore the loan repayment changes according to agreement between the lender and the borrower.
Answer:
Similar audiences uses the existing users list.
Explanation:
Similar audiencies is a feature that helps to expand the reach targeting people with characteristics similar to the ones visiting your site. It uses the existing users list to find what they have in common like interests and characteristics to look for similar people.
