1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natalija [7]
3 years ago
11

Kilroy Corporation provides services to a customer for $1,000. The customer complained that there was a slight defect in the ser

vice. Kilroy granted the customer a $50 credit. Kilroy will record this adjustment to the sales price with a
Business
1 answer:
nordsb [41]3 years ago
8 0

Answer:

debit to Sales allowance of $50

Explanation:

When some defect in a product is revealed or notified by the buyer, the seller usually grants the customer an allowance which is termed as sales allowance.

It is usually allowed when the customer agrees to keep the product instead of returning the defective product which would constitute sales returns.

Following journal entry is recorded for recording sales allowance

Sales Allowance A/C                                     Dr. $ 50

    To Accounts Receivable                                          $50

(Being allowance for defects recorded)

Sales allowance is deducted from gross sales before the customer makes payment.

You might be interested in
Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry
Mkey [24]

Answer:

Benchmarking

Explanation:

Benchmarking is defined as the activity where a company's processes and performance is compared with industry best practices. Qualities measured usually include time, cost, and quality.

In the given scenario Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry. This the use of be marching.

When the companies metrics don't meet up, the company adopts the practices of the benchmark or later in your dreams

7 0
3 years ago
Mobilizing finance and building partnerships in cities to advance environmental goals, especially in preventing the flow of tras
velikii [3]

Together, we may achieve several social, economic and environmental advantages that prevent waste from entering the ocean and increase the resilience of the entire city.

<h3><u>What is 'Mobilizing finance and building partnerships in cities' event about?</u></h3>
  • The focus of this event will be on cities' crucial contributions to environmental goals, particularly in halting the flow of rubbish into the ocean.
  • Around 80% of the 11+ million tons of plastic debris that are dumped into the ocean each year come from land, mostly as a result of inadequate municipal waste management.
  • Over half of the world's population lives in cities, but they are rarely taken into account when making international decisions. However, cities all over the world are attempting to enhance sanitation, safeguard public health, boost tourism, and produce economic growth.
  • Cities are given a formal framework for addressing these interconnected issues through the Urban Ocean® initiative. With assistance from cities and organizations on all five continents, our initial cohort of 11 cities concentrates on Asia and Latin America.
<h3><u>What are Environmental Advantages?</u></h3>
  • Environmental change is the alteration or disturbance of the natural environment, most frequently brought on by human activities and ecological processes.
  • Various variables, such as natural disasters, human meddling, or animal contact, might cause changes in the environment. Environmental change includes both physical changes and non-physical elements, such as an invasion of invasive species.

With this information in hand, cities can bring together stakeholders to forge agreement on plans that are based on research, with the ultimate objective of enlisting partners and financiers to carry out solutions. City resilience leaders from Asia, Southeast Asia, and Latin America will attend this event along with officials from national-level governments, non-governmental organizations, and these regions.

Know more about Environmental Advantages with the help of the given link:

brainly.com/question/13476112

#SPJ4

4 0
2 years ago
Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts
insens350 [35]

Goodwin’s horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

<h3>What is a horizon value?</h3>

This refer to the value of an asset beyond the forecasted period when future cash flows can be estimated

What is a current intrinsic value?

This refers to the current perceived or true value of an asset.

Therefore, the horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

Note: The calculations leading to the final answer of horizon value and current intrinsic value is explained in the attached image.

Read more about dividend

<em>brainly.com/question/373419</em>

#SPJ1

4 0
2 years ago
What should an organization do once it has determined the sources of information to fulfill the marketing research objectives?
oksian1 [2.3K]

Answer: it is important to consider the costs and benefits of the research effort

Explanation:

Cost-benefit analysis (CBA) is the form of economic evaluation most useful for resource allocation investigation between government-financed activities and within the productive sectors.

Cost analysis is the basis of all economic studies because it quantifies the costs associated with a given intervention. The costs of the program may include, but are not limited to, vaccines, vaccine administration, efforts to address adverse events, and public education. Cost-benefit analysis is an extension of cost analysis that further accounts for the monetary benefits from a policy or program. Benefits are usually calculated as a function of the total cost of a disease in the presence and absence of an intervention. In a cost-benefit analysis, results are usually presented as ratios of the benefits from the intervention to the costs of conducting the program .

6 0
3 years ago
A global computer network providing a variety of information and communication facilities, consisting of interconnected networks
mars1129 [50]

Answer:

The correct answer is "Internet".

Explanation:

  • A global structure of data networks, the collection of several types of networks throughout which the clients at any device will, whether they have the authorization, obtain some technical information from other devices, recognized as an internet.
  • Which utilizes a fraction of that same cumulative capacity of the already additional infrastructure network systems.
6 0
3 years ago
Other questions:
  • Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?
    5·2 answers
  • What is the difference between a checking account debit card and a gift card?
    9·1 answer
  • A _____ is a single business or collection of businesses that has a distinct mission, a responsible manager, its own competitors
    7·1 answer
  • Aubree Blake is a politician who leads campaigns for organic foods in the rural counties of her country. Several farmers in diff
    11·1 answer
  • predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently complete
    11·1 answer
  • The current (year 0) price of the shares of Company XYZ is $50. There are 1 million shares outstanding. Next year (year 1)’s div
    8·1 answer
  • You own a portfolio that has $2,800 invested in Stock A and $3,250 invested in Stock B. The expected returns on these stocks are
    11·1 answer
  • Among the members of the Federal Open Market Committee is the Chair of the Senate Banking Committee. are the seven members of th
    11·1 answer
  • PLEASR HELP ME!! <br> *40 points*
    6·1 answer
  • Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbor, Friday, is a fisherman, and he is willin
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!