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
Fantom [35]
2 years ago
5

Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with terms

FOB destination. The goods arrive at Company A on May 17. Company A begins selling the goods to customers on May 19 and pays Company B on May 20. When would Company B record the sale of goods to Company A?
Business
1 answer:
Stels [109]2 years ago
3 0

Answer:

The employee that receives cash and checks should also record them in the cash receipts journal.

Explanation:

You might be interested in
Coates Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine- hours.
ICE Princess25 [194]

Answer:

D

Explanation:

8 0
3 years ago
Sandra waterman purchased a 52-week, $1,000 t-bill issued by the u.s. treasury. the purchase price was $996. (a) what is the amo
Darina [25.2K]
(a) Discount amount = Face value - Price of t-bills = $1,000-$996 = $4

(b) Amount received at maturity = Face value = $1,000 (Note: T-bills are guaranteed and thus one of the safest investment).

(c) Current yield, R = Discount amount/Face value * 360/t, where t = 52 weeks = 360 days.

Then,

R = (4/1000)*(360/360)*100 = 0.4%
6 0
3 years ago
A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to
finlep [7]

Answer:

c. a decrease in the wage rate of accountants

Explanation:

As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.

The fall in demand would lead to a fall in wage rate of accountants

Please check the attached image for a graph explaining this concept

6 0
3 years ago
Cost volume profit can be used to calculate the sales dollars or sale units needed to achieve a target profit. Which statement i
Elena-2011 [213]

Answer:

A. The only way to calculate the sales revenue needed to achieve a target profit is by using the formula provided in class

Explanation:

5 0
3 years ago
Fill in the missing word to complete the following statement based on the information in this lesson.
Likurg_2 [28]
I think d. sorry if i'm wrong
7 0
3 years ago
Read 2 more answers
Other questions:
  • Advances in technology are constantly changing how people work and conduct business. true or false
    12·2 answers
  • When a nation is under-allocating resources to the production of a good, then the:_________.
    8·1 answer
  • You have recently graduated from college with an MBA. Upon graduation, you start working for Roosevelt Power Plant. The boss, Mr
    7·1 answer
  • What is the general tone of Defoe's piece describing labor in the textile-manufacturing village?
    8·1 answer
  • A consumer has decided to buy a new automobile. before investing money in that purchase, the consumer should invest time in ____
    15·1 answer
  • Compare and contrast the role of management, as reflected by management theory, in the 20thcentury organization with the role of
    9·1 answer
  • Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by th
    8·1 answer
  • During 2017, the Gateway City government recorded a $15,000 transfer from the General Fund to an internal service fund; a $25,00
    13·1 answer
  • A Giffen good is a good for which : _________
    10·1 answer
  • When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!