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vredina [299]
3 years ago
9

A credit granted to a customer for returned goods requires a debit to a. Accounts Receivable and a credit to a contra-revenue ac

count. b. Cash and a credit to Sales Returns and Allowances. c. Sales Revenue and a credit to Cash. d. Sales Returns and Allowances and a credit to Accounts Receivable.\
Business
1 answer:
12345 [234]3 years ago
5 0

Answer:

d. Sales Returns and Allowances and a credit to Accounts Receivable.

Explanation:

The entry to record credit granted to customer entails :

Decrease the Assets of Accounts Receivable (credit entry) and Decrease the Sales Revenue (debit entry).

The Recognition of Sales Return and Allowance decreases Sales Revenue.

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An IT department recently had its hardware budget reduced, but the organization still expects them to maintain availability of s
Delicious77 [7]

Answer:

<em>B. Virtualization</em>

Explanation:

Virtualization <em>will surely </em><em>help to handle and maintain the availability</em><em> with a </em><em>less budget</em><em>. </em>

Because virtualization is basically a way through which the company can go virtual version of that hardware, this step will surely maintain the availability of the services for an IT department  of an organization.

So, through the above explanation we can decide that OPTION (B) is correct.

4 0
4 years ago
If the standardized budget shows a deficit of about $100 billion and the actual budget shows a deficit of about $150 billion, it
diamong [38]

Answer:

The correct answer to the following question is option B) cyclical deficit.

Explanation:

Deficit is a situation which arises in the economy when the government spending or expenses are more than its revenues. Cyclical deficit is one of the types of deficit , which occurs because of the ups and downs that happen in business cycle. This type of deficit arises or alleviates when the economy is not doing well, which means the revenues that government gets from taxes have been reduced and the government spending has also increased because in the economy more people are collecting unemployment checks. So the only way to improve the situation or decrease the cyclical deficit is by improving the economy's situation .

7 0
3 years ago
Read 2 more answers
What is secondary data, and define who fits in this category?
kolezko [41]
Secondary data is research that has previously been gathered and used for research. It’s basically data collected by someone else other than the person who is currently doing the person who is using that information. If that makes sense. Social media etc anything that takes data without doing their own gathering is secondary data
6 0
4 years ago
Kyla is a salesperson for Liberty Financial Corporation. Micky is also a Liberty salesperson. Neil is Kyla and Micky's superviso
Airida [17]

Answer:

Mickey, Neil, or Owen

Explanation:

5 0
3 years ago
You might take out a payday loan if you are a
rusak2 [61]

Answer:

B: borrower who has the ability to easily repay a loan

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