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
lys-0071 [83]
3 years ago
11

Messing company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon de

posit of customers' credit card sales receipts. the credit card company receives 3.5 percent of card sales as its fee. messing has $4,000 in credit card sales on january 1. prepare the january 1 journal entry for messing company by selecting the account names and dollar amounts from the drop-down menus.
Business
1 answer:
Svetlanka [38]3 years ago
8 0

Cash $3860

Credit Expense $140

Sales $4,000

(3.5% of $4,000= $140)

You might be interested in
Complete each statement with the term that correctly defines.
Mashcka [7]

Answer:

a. Outperform.

b. Gatekeepers.

c. Leveraging.

d. Value creation.

e. Producer.

Explanation:

A platform can be defined as a type of business model that creates value or focuses on assisting participants by facilitating exchanges and interactions between two or more interdependent groups of participants, who are mostly consumers and producers of finished goods and services.

This simply means that, a platform usually creates an effective and efficient market or community network with needed resources, for better interaction and transaction among various participants. Some examples of a platform business are brainly, airbnb, apple, microsoft, uber etc.

The notable characteristics and advantages of a platform business are;

a. Platform businesses tend to frequently outperform pipeline businesses.

b. Platforms scale more efficiently than pipelines by eliminating gatekeepers.

c. Platform businesses leveraging digital technology can grow much faster.

d. Platforms unlock new sources of value creation and supply.

e. Feedback loops from consumers to the producers allow platforms to fine-tune their offerings and to benefit from big data analytics.

5 0
3 years ago
The factor-price equalization theory and transportation costs Which of the following statements about the factor-price equalizat
abruzzese [7]

Answer:

B and C

Explanation:

The correct statements about the factor-price equalization and the effects of transportation costs are:

  1. Free trade, in the absence of transportation costs or other barriers to trade, tends to equalize product prices and factor prices.
  2. Transportation costs prevent product prices from equalizing.
6 0
3 years ago
You want to adopt a program to improve quality and efficiency within a company. Analyze four quality-control tools (Lean princip
abruzzese [7]

Answer:

Please find the complete question in the attached file.

Explanation:

The closeness to the next airport and railway station, all possible benefits of a location, prices as well as brand value of the location are required to choose the ideal company location.

Choosing SEZ's truly trade community is the best way to do the company because it offers availability and accessibility to the airport as well as all business centers.

Quality management where quality improvement is indeed the primary requirement and the best quality is measured. To improve quality overall, one must embrace it.

Its error rate is the minimum and the result is of the greatest durability, sturdiness, and value perception. Complete such as Agile, Kaizen, supply chain, and inventory control are available.

7 0
3 years ago
What drawbacks will you mention to your supervisor?
Daniel [21]

Answer:

A.IM presents the possibility of privileged information being discussed in public forums.

B.IM can be an additional workplace distraction that keeps employees from focusing on tasks.

Explanation: IM(instant messaging) is a kind of Communication channel or platform that allows you to create Private chartroom with others such as your colleagues. Instant messaging alerts you to inform you that someone in your connections is available online to chat if need be you will enter into a chat Section with him or her,instant messaging is a text based Communication platform.

6 0
3 years ago
Kylie was born into a family that owns numerous corporations and more than one multimillion dollar home. She never worried about
monitta
She is very dependent , and Spoiled & it will be hard for her whenever she starts being indepwndent
5 0
3 years ago
Other questions:
  • To be​ successful, why should companies try to adopt a proactive stance on​ marketing?
    11·1 answer
  • Glenda needs to practice writing e-mails to her digital team, but she cannot remember the guidelines for effective communication
    6·2 answers
  • The employment potential of the Education and Training career cluster in 2020 compared to other clusters is expected to be
    12·2 answers
  • Suppose Cook Plus manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $ 22. Cook Plus projects sales
    15·1 answer
  • Which sentence is not a correct use
    15·2 answers
  • Novak Corp.had the following transactions during 2022: 1. Issued $205000 of par value common stock for cash. 2. Recorded and pai
    7·1 answer
  • urrent and Quick Ratios The Nelson Company has $1,250,000 in current assets and $500,000 in current liabilities. Its initial inv
    5·1 answer
  • Crawl Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock out
    13·1 answer
  • What is 2 + 5<br> help<br> pls
    11·2 answers
  • Based on your reading of the following passage, to which listed careers do you think John might be suited? (Select all that appl
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!