The journal entry is as follows
Sales discount Dr $190
To Allowance for sales discounts $190
(Being the sales discount is adjusted)
It is computed below:
= Amount within the discount period × discount rate - adjusted credit balance in the allowance for sales discount
= $10,000 × 2% - $10
= $200 - $10
= $190
Answer: A hire purchase is a system by which one pays for a thing in regular instalmentsinstallments while having the use of it.
A credit sale is a purchases made by customers for which payment is delayed.
Answer:
Work sampling.
Explanation:
Work sampling is the measurable strategy for deciding the extent of time spent by workers in different characterized classifications of activity.
Answer:
The synergistic benefits from the merger = $38 million
Explanation:
Given:
Who Inc. offered amount = $542 million
Dunn IT current worth = $504 million
Computation of synergistic benefits from the merger :
The synergistic benefits from the merger = Who Inc. offered amount - Dunn IT current worth
The synergistic benefits from the merger = $542 million - $504 million
The synergistic benefits from the merger = $38 million
Answer: May you give more details? It’s really hard to explain without no details.
Explanation:
.
