Answer:
Debit: Accounts Receivable 707,350
Credit: Sales Revenue 658,000
Credit: Sales taxes payable ([6% + 1.5%] × $658,000) = $49,350
Explanation:
Answer:C. Web conferencing
Explanation: Web conferencing is an online internet service used by team members of an organisation who are located in different locations to facilitate their meetings,in web conferencing all members connect either through their phones or their computers or other smart devices through TCP/IP connections, and microphone through a VoIP connection.
conferencing,presentations and trainings and team meetings etc can be conducted though the internet.
Explanation:
Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members
Answer:
$1,085,000
Explanation:
The computation of the ending account receivable balance is shown below:
= Accounts receivable balance, 1/1/2016 + credit sales - sales returns - written off amount - Collections from customers
= $650,000 + $2,700,000 - $75,000 - $40,000 - $2,150,000
= $1,085,000
Since we have to find out the account receivable balance before allowances so we do not considered it.
Answer:
Explanation:
When people buy shares in a company, they become stockholders. These shares mean they have an ownership interest in the company and when the company makes a certain amount of profit, it may decide to share some of that profit with its shareholders as Dividends.
Another way is through Capital Gains. Capital gains are the result of the shares increasing in value after the stockholder has bought it. For instance, if you bought a Tesla share in December 2016 it would have cost you $50. Today it would be worth $872. That difference of $822 is the capital gain.
