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77julia77 [94]
3 years ago
13

On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10, n/30. The cu

stomer made the correct payment on November 17. How would Flores record the collection of cash on November 17?
Business
1 answer:
Licemer1 [7]3 years ago
3 0

Explanation:

The journal entry is as follows

On November 17

Cash A/c Dr                   $7,840

Sales Discount A/c Dr $160

                  To Accounts receivable    $8,000

(Being cash received recorded)

The discount would be

= Accounts receivable × percentage given

= $8,000 × 2%

= $160

The remaining amount would be credited to the cash account.            

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Which of the following cooking methods would produce food with a smoky, slightly charred flavor? A. Saut ing B. Grilling C. Roas
netineya [11]

Answer:

B

Explanation:

Grilling is the cooking method that would produce food with a smoky, slightly charred flavor.

8 0
3 years ago
Henry is a manager in an operations department in a computer manufacturing company. He thoroughly studied the production process
Fynjy0 [20]

Answer:

d. Scientific management.

Explanation:

The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.

The main objective of scientific management is to make work more efficient using less resources and efforts, that is, making work more flexible by rationalizing work and implementing scientific techniques and training employees so that there is efficiency and effectiveness in organizational processes, with the lowest cost, time and continuous improvement.

4 0
3 years ago
The maturity of most bank loans is short term. Bank loans to businesses are frequently made as 90-day notes which are often roll
maks197457 [2]

Answer:

A. True

Explanation:

Bank loans are generally short term for meeting the working capital needs, that depends upon the operating cycle of a company.

Usually that keeps on rotating and extending, as the banks keep on earning interest and the funds are usually not needed, this results in the constant support for business.

Further this facility is only provided to the clients who are performing good and that the clients are viable.

If the balance sheets of the client depicts that they are not financially viable then the bank do not extend the time limits and tries to recover the funds as soon as possible.

5 0
3 years ago
Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio
Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0
3 years ago
Championing ideas, selecting candidates, mobilizing voters, organizing post-election activities, and integrating new voters into
rewona [7]

Answer:

Parties

Explanation:

The parties are the political groups that are formed by people that have the same positions. The parties present their candidates for election, they help organize the political campaigns to get votes, try to promote the interests of their voters and at the end, their goal is that their candidates win the elections to be able to implement their ideas.

According to this, the answer is that championing ideas, selecting candidates, mobilizing voters, organizing post-election activities, and integrating new voters into the political process are the major jobs of the parties as these groups share an ideology and they pick candidates and help organize campaigns attracting voters to win elections and get their ideas in the government.

3 0
3 years ago
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