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lbvjy [14]
3 years ago
12

Scenario: Phillip and Joseph are two classmates who represented their college in a quiz competition as a team and won $500. Howe

ver, the winning amount was handed over by the organizers to their professor who had accompanied them. The professor gave the money to Phillip and asked him to offer any amount he wants to Joseph. If Joseph accepts the offer, the money would be split in the decided proportion between them. However, if Joseph rejects the offer, the money would go to their college fund. Refer to the scenario above. If Joseph prefers more money to less, ________.
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

The answer is He will except any offer made to him.

Explanation:

If Joseph prefers more money to less, ___He will except any offer made to him._____. Because he wants the money.

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__________ consist of organization infrastructure (administration and management), human resources (employee recruiting, hiring,
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Secondary Activities

Explanation:

Secondary activities inside an organization are those who support the primary activity. The primary activity consists in the production and distribution of goods and/or services to customers, while secondary activities are meant to improve aspects of the primary activity.

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S) Barkley and James cannot attend training during the exercise. They must attend before 4 May or after 25 May. Identify the con
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Revealed by

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3 years ago
Required-: JOURNAL ENTRY (ACCOUNT)
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- Hey there , ronisha!

Answer:

\large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}

\large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} :

  • Full settlement generally means DISCOUNT ALLOWED.

  • Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000.

  • You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side.

  • Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side.

  • Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!

- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)

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