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Scorpion4ik [409]
3 years ago
14

The Sales Returns and Allowances account is on the income statement as an addition to Sales. presented on the balance sheet as a

deduction from Accounts Receivable. on the income statement as a deduction from Sales. on the balance sheet as a deduction from Capital.
Business
1 answer:
fenix001 [56]3 years ago
5 0

Answer:

The Sales Returns and Allowances account is on the income statement as a deduction from Sales.

Explanation:

Sales Returns and Allowance account represent the balance of all sales that have been returned by the customers for any reason and discounts given to the customers. It is a contra sales account. It is presented on the income statement only as a deduction from sales. It is not presented on balance sheet. So, the correct option is on the income statement as a deduction from Sales.

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---is the process of continually collecting information from the external marketing surroundings.
vlabodo [156]
Environmentally scanning is the process of continually collecting information about the external marketing environment to identify and interpret potential trends

I hope it helped you!
8 0
3 years ago
William obtains a loan from a bank at 4.5 percent interest. The state where he obtains the loan has a usury statute that limits
MArishka [77]

Answer:

d. not enforceable

Explanation:

Usury state laws are strict in limiting the maximum limit among interest rates. If the usury statute limits the max interest rate to 3.5%, William's bank is violating it by putting it to 4.5%.

Usury laws are highly strict when it comes to regulations, so this kind of contract is not enforceable.

These laws are specifically tailored by the government to protect consumers from usury practiced by some banks and "loan sharks".

7 0
3 years ago
28. Which feature is most reliable when comparing an individual to their ID photo?
Nastasia [14]

Answer:

their eyes

hope it helps

4 0
3 years ago
The principle that "trade can make everyone better off" applies to interactions and trade between A. families. B. states within
baherus [9]

Answer:

The correct answers are all of the above options

Explanation:

Trade is the term which is defined as the activity of exchanging, buying or selling the goods and the services among the countries, people, families, nations.

It offers the variety or range of the products which could be sold in the market in order to earn or gain profit so that could benefit the business or themselves.

So, it could be better off when applies to the trade and interactions among the families, nations and states within US.

4 0
3 years ago
Welfare analysis: Basic conceptsIdentify whether each of the following statements best illustrates the concept of consumer surpl
STALIN [3.7K]

Answer:

Producer surplus

Neither

Consumer surplus

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of the good and the least price the seller is willing to sell his product.

1. Price = $149

least price seller was willing to sell his laptop = $140.

Hence it's producer surplus.

2. Price = $59

there's no information on the least price the seller was willing to sell or the highest amount the buyer was willing to buy.

hence it's neither producer or consumer surplus

3. Price = $39

highest amount buyer was willing to buy = $46

Hence, it's consumer surplus

I hope my answer helps you

3 0
4 years ago
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