The correct answer is purchasing process.
Anytime that inventory needs to be ordered there is a process that needs to be followed. Quite often, this process is going to involve a purchase order. A purchase order is a document that the buyer issues to a seller. It is an official order being placed and includes all of the purchase information like brand, specifications, price, quantity and shipping costs. A possible process in this case would be that Joel would supply all of the information to the purchasing department, the purchasing department would create the purchase order and then a manager would sign it and send it to the supplier.
Time is what changes every minute and space is outside of the human body
Answer:
(A)
inventory 8,000 debit
account payable 8,000 credit
to record purchase ofthe merchandise on account
(B)
account payable 8,000 debit
inventory 80 credit
cash 7,920 credit
to record payment within discount period
Explanation:
(A)
The company will increase his inventory by the nominal, and declare the account payable (liability) with his supplier.
(B)
We write-off the account payable.
We record the cash paid.
discount 2% x 8,000 = 80
8,000 - 80 = 7,920 cash disbursement
The difference decrease the inventory because, we are on perpetual inventory, <u>we adjust directly to inventory,</u> we don't use a discount account.
Answer: Oral
Explanation:
Ventajas de la escrita: El cliente tiene a la mano el documento que habla sobre la garantia y puede darle la posibilidad de verlo si lo coloca en un lugar visible en su hogar.
Desventajas: Muchos clientes cuando compran un producto suelen botar los papeles relacionados y en muchos casos no leen, por lo que pueden pasar esto por alto.
Ventajas de la oral: Permite comunicar el mensaje de forma directa con el cliente y escuchar lo que tiene que decir. Una vez que el cliente escuche sobre la garantia lo tendrá presente.
Desventajas: el cliente se puede olvidar de lo que le han dicho.