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
ankoles [38]
3 years ago
9

​Stelloh's Berry Farm accepted a bankminusissued credit card in payment of a $ 1 comma 300 sales transaction.​ Stelloh's bank ch

arges 3​% to process the transaction. The journal entry to record the sales transaction will include​ (Ignore cost of goods​ sold.):
Business
1 answer:
Leya [2.2K]3 years ago
4 0

Answer:

Debit Cash $1,261

Dr card discount expense $39,

Credit Sales Revenue for $1,300

Explanation:

​Stelloh's Berry Farm Journal entries

Debit Cash $1,261

($1,3,00-$39)

Dr card discount expense $39,

(3%×$1,300)

Credit Sales Revenue for $1,300

You might be interested in
What types of information could you collect to monitor potential political “trouble spots” around the world?
zlopas [31]

Answer:

The types of information could you collect to monitor potential political “trouble spots” around the world involves having a keen observation of various countries with the following:

1.  Communism or Totalitarianism style of governance

2.  Low General Standard of Living

3.  Few Resource level and control of resources by the few such as Oligarchy

4.  High unemployment rate

5.  Low Literacy status

6.  High Inflation rate

7.  Political instability

8. Increased population expansion rate

9.  Wide-ranged income unevenness

4 0
3 years ago
What problem makes public goods necessary?
NARA [144]
There are several problems that make public goods necessary, but the primary one is that without access to certain public goods and services like parks and schools, poor people would have practically no chance at advancement. 
3 0
3 years ago
Changes in copyright law have been suspiciously tied to the financial interests of one company. Which company?.
irakobra [83]

Changes in copyright law have been suspiciously tied to the financial interests of one company of Disney.

<h3>What is copyright?</h3>

An exclusive right to copy, distribute, adapt, exhibit, and perform a creative work is granted by a copyright, a type of intellectual property, to its owner, typically for a certain period of time. The creative endeavour could take the form of something written, visual, musical, instructive, etc.

When an author sets a work in a physical form of expression, copyright, a sort of intellectual property, preserves the original authorship of that work.

Copyright is crucial because it gives the creator of the work the power to prevent unlicensed or unacknowledged use, preserving the value of an author's, academic's, or researcher's work.

To learn more about copyright visit:

brainly.com/question/14704862

#SPJ1

8 0
1 year ago
A. Given the historical cost of product Z is $20, the selling price of product Z is $25, costs to sell product Z are $3, the rep
Vlada [557]

Answer:

1.

c. $21

2.

b. $20

Explanation:

1.

In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.

In the given Scenario the realizable value of product Z is the recoverable value of the product.

Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.

2.

Calculate the net recoverable value for the product Z

Net recoverable value = Selling price of product Z - Cost to sell product Z

Net recoverable value = $25 - $3 = $22

Now by comparing the cost and net realizable value the lower value is cost of $20.

Hence $20 will be used in order to value the inventory.

6 0
3 years ago
By law, the financial records of publicly held companies are required to be:________.
antiseptic1488 [7]

Answer:

D) Audited by a certified professional accounting firm.

Explanation:

The Securities and Exchange Commission (SEC) requires that publicly traded corporations file audited quarterly financial reports and annual audited financial reports. The Sarbanes-Oxley Act (2002) is the law that established the current external auditing rules imposed by the SEC. It also established legal responsibilities for CEOs and CFOs regarding the financial statements. If they fail to meet them or provide false information, they may face criminal charges and end in jail.

4 0
3 years ago
Other questions:
  • Which of the following statements is FALSE?
    6·1 answer
  • What is the annual percentage rate on a loan with a stated rate of 2.75 percent per quarter?A. 11.00 percentB. 11.09 percentC. 1
    9·1 answer
  • ÂOaktree, Inc. is a merchandiser of inlaid wooden boxes. The company sold 7,500 units during the year. The company has provided
    7·1 answer
  • Which of the following is the formula for calculating the lifetime value of a​ customer?
    5·1 answer
  • During the current year ending on December 31, BSP Company completed the following transactions:a.On January 1, purchased a pate
    15·1 answer
  • One disadvantage of relational contracting is that it may cause firms to abandon established relationships. a. True b. False
    7·1 answer
  • Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00
    5·1 answer
  • Question 6 of 10
    14·2 answers
  • Advantages of getting a loan from the government
    15·1 answer
  • How to become a store owner 100 points
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!