Answer:
The journal entry for the following economic activity is given below.
Explanation:
Interest revenue = 6000*12% * 91/360 = 182
Date Account Title Dr Cr
Oct 31 Cash 6,180
Notes receivable 6,000
Interest revenue 180
Answer: shaping
Explanation: In simple words, shaping refers to the process under which an organisation tries to manipulate the behavior of potential customers by using different marketing tools.
In the given case, Procter and gamble were giving discount to attract the customers. They were planning to charge full price once the customers get used to of their product. So they were using discount to change the behavior of their potential customers hence they were using shaping.
Answer:
If Scotland becomes an independent country, the arrangements of nationalities in the British Isles will change like that:
- The Scotland will face the same situation as those in Northern Ireland where they feel close to UK and Republic of Ireland.
Explanation:
- If Scotland becomes an independent country, then it is supposed that the wales will follow them.
- If Scotland becomes an independent country, then there is chance of increase in members of EU and will have its impact upon Eurozone.
- If Scotland becomes an independent country then it will create a huge impact on the national debt of the United Kingdom.
- If Scotland becomes an independent country, then there is chance you may have to get a visa to go to Scotland and you may have to dial international dialing tone to ring Scotland.
- If Scotland becomes independent country, then it can end the Great Britain.
Answer and Explanation:
As per the data given in the question,
The preparation of the operating activities section of the cash flow statement using the indirect method is shown below:
Cash flow from operating activities:
Net income $21,000
Add: Depreciation $4,000
Less: Accounts receivable expense -$9,000
Add: Inventory decrease $4,000
Add: Salaries payable increase $900
Net cash flow provided by operating activities $20,900
Net income is added because it provided before adjustment.
Depreciation is added because it is non cash expense.
Accounts receivable expense is deducted because it is trap in account receivable.
Inventory decrease is added because it depicts that the inventory is converted in cash.
Salaries payable increase is added because it shows cash is not paid which rise the level of cash.
Answer:
cross trade
Explanation:
In simple words, A cross trade can be understood as a transaction when purchase and sell requests for the identical instrument are balanced alone without transaction being recorded on the market. Whenever a stockbroker performs matching buy and sell transactions for about the exact securities across several customer accounts plus reports these on an interchange, this is known like a cross transaction.
