Answer:
a.One entry creates an estimated returns inventory account.
b.One entry records the sales of goods to customers.
Explanation:
If a customer purchased a product on credit and returns that product for a refund, the business would have to make specific adjustments to its financial statements. The company would first make a debit entry to sales returns and allowances that equals the exact amount of the purchase
Nova Scotia is a Canadian province named after a part of the UK
Answer:
Hotel management scope in Nepal
Cafés and Restaurant.
Fast food joint.
Clubs.
Recreational catering.
Health center catering.
Resorts and lodges.
Institutional and industrial services.
Airline and cabin services.
Answer:
The idea is bounded rationality.
Explanation:
The Bounded Rationality Theory was proposed by Herbert Simon and it states that human cognition is not perfect and is flawed. One's reasoning can have fails which restricts the decision making and eventually coming to an optimal one.
The theory states that a person tends to take irrational decisions since his/her rational thinking is in fact limited by his/her cognitive skills, the available time and the complexity of such problem.
When solving a problem, one can never truly fix it in a completely optimal way since it is impossible to think of all the solutions to the problem.
