Answer:
Debit cash $3,390
Credit sales revenue $210
Cales tax payable $3,180
Explanation:
Preparation of the journal entry to record the information given.
Journal entry
Debit cash $3,390
($3,180+$210)
Credit sales revenue $210
Cales tax payable $3,180
It based on process. In utilitarian departmentalization, an association is composed into offices in view of the particular capacities each performs for the association. For instance, an assembling organization may make a generation office, deals and showcasing division, a bookkeeping office, and an HR department
Answer: Debit Unearned fees $6,120, Credit Fees income $6,120.
Explanation: Garcia Publishing received $24,480 from Otisco on April 1 and this was recorded as unearned fees. This means Garcia would have debited cash with $24,480 and credited unearned fees $24,480. Remember the fees was paid at the beginning of April and is for 36-month subscriptions. So, the amount in unearned fees would be unwound to income (fees) over the tenor of the subscription (36 months). Therefore, monthly amortization would be $24,480 divided by 36 months = $680. April 1 to December 31 is 9 months, $680 multiplied by 9 months is $6,120.
Based on the given scenario If Elin delivers a check payable to her order to the first bank without signing it and receives cash, the transfer is an assignment, not a negotiation, this is a true statement.
<h3>What is a Negotiation?</h3>
This refers to the dialogue done with the aim of reaching an agreement or compromise about a thing.
Hence, we can see that Based on the given scenario If Elin delivers a check payable to her order to the first bank without signing it and receives cash, the transfer is an assignment, not a negotiation, this is a true statement.
This is because she did not make any bargains.
Read more about negotiation here:
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Answer:
1755 units are ordered
Explanation:
given data
Daily demand = 100 units
standard deviation = 25 units
review period = 10 days
lead time = 6 days
stock = 50 units
service probability = 98 percent
to find out
how many units should be ordered
solution
order quantity is calculated in fix time period formula is express as
q =
.........................a
here L is lead time and R is review time and σ is standard deviation and I is stock and d is Daily demand
so first we find here standard deviation that is
...................1


so the value of z is for 98 % service probability is 2.05
so put here value in equation 1
q = 100 × ( 6 +10) +(2.05) × 100 - 50
q = 1755 units
so 1755 units are ordered