Twitter allows companies<span> to promote their products in short messages known as tweets limited to 140 characters, therefore, the answer that would best complete the given statement above would be option B. </span>Twitter allows companies to reach consumers with s<span>hort, personal messages. Hope this answers the question.</span>
Answer and Explanation:
The journal entries are shown below:
On April 8
Cash $9,120
Credit card expense $380 ($9,500 × 0.04)
To Sales $9,500
(Being sale is recorded)
Costs of goods sold $7,021
To Merchandise inventory $7,021
(Being the cost of goods sold is recorded)
On April 12
Cash $7,215
Credit card expense $185 ($7,400 × 2.5%)
To Sales $7,400
(Being sale is recorded)
Costs of goods sold $4,795
To Merchandise inventory $4,795
(Being the cost of goods sold is recorded)
Answer: YES, marry is in conflict.
Explanation: As being a certified public accountant it is responsibility of mary to correctly prepare the tax return for the client. However, she took a deduction that is contrary to the code hence she failed to do her work properly. Now, gordon would have to bear the additional tax in case of correction of the error in deduction made by his CPA.
Answer:
Enterprise Fund due from General Fund (Dr.) $50,000
Revenue from service (Cr.) $50,000
Explanation:
The enterprise fund is used to provide electricity to the citizens. The revenue will be recorded as service charges for providing the electricity. Enterprise fund will be due from General fund which is billed for $50,000.
Answer: c. $18,000
Explanation:
Provision for doubtful accounts estimate;
= 600,000 * 3%
= $18,000
This is the Percentage of sales method and it ignores the existing balance in the Provision for doubtful accounts using only the estimate provided.
