if a merchandiser records a debit to accounts receivable and a credit to sales revenue, they have most likely Credit sales recorded.
We have accounts receivable as an asset account and the sales have already been made. Sales revenue has been generated and will be credited to accounts receivable. Sales revenue is a source of income, and accounts receivable are sources of assets.
Some credit sales have clauses, such as interest income clauses, that state that if a payment is not made, an amount will be received after a certain amount of time has passed.
Credit sales are transactions in which the outstanding balance will be paid at a later time. In other words, credit sales refer to transactions in which customers make purchases but do not pay in full, in cash, at the time of the transaction.
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In 1950, only two mega-cities were there, and
the estimate suggests that there will be 22 mega-cities in 2015.
Megacities are defined now as the cities having
10 million or more than 10 million inhabitants.
<span>There are 37 mega-cities now in the world, which
include Tokyo and Greater Jakarta, these cities have population more than 30
million inhabitants.</span>
Answer:
b. $2,200.
Explanation:
Net income = Revenue - Expenses
Net income = $5,400 - $3,200
Net income = $2,200
Therefore, the amount of net income for the year is $2,200
Answer is: c<span>redentialing.
Bob has a bachelor</span>'s degree, so he has more credentials than John for that managerial position. Bon has more <span>abilities and knownledge for that job position and that make him relevant for that particular job, </span>bachelor's degree is <span>proof of his <span>abilities.</span></span>
Answer:
Planning. Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions.
Explanation: