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Fynjy0 [20]
4 years ago
11

If a credit memorandum is issued, which account will be increased on the seller’s books?

Business
2 answers:
Viefleur [7K]4 years ago
6 0
I believe the answer is a.?
mylen [45]4 years ago
5 0

The answer is<u> "d. sales returns and allowances".</u>


Sales returns and allowances is a detail showing up in the pay articulation. At the point when this sum is expansive in extent to add up to deals, it shows that a business is experiencing difficulty dispatching great merchandise to its clients.  

The Sales returns and allowances line thing is exhibited as a subtraction from the gross deals line thing, and is expected to diminish deals by the measure of item comes back from clients and sales allowances granted. It is followed in the salary proclamation by a net deals line thing, which is a computation that includes the gross deals line thing and the negative sum in the business returns and remittances line thing.

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17. On the circular flow diagram of the economy, the arrow from the producer sector to the
creativ13 [48]

Answer:

A. Export receipts

Explanation:

This arrow represents dollars (or other currency) that are being received by domestic producers in exchange for the export of goods or services that they are sending overseas.

If the arrow was pointing backwards, it would represent dollars that are leaving the economy in order to pay for imports.

5 0
3 years ago
Marshall Company purchases a machine for $200,000. The machine has an estimated residual value of $80,000. The company expects t
Leya [2.2K]

Answer:

The depreciation expense for this period is: $13,200

Explanation:

The depreciation charge using units of production is calculated as follows :

Depreciation Expense = (Cost - Salvage Value) × (Period`s Production / Total Expected Production)

                                     = ($200,000 - $80,000) × 440,000 units / 4,000,000 units

                                     = $13,200

Conclusion:

The depreciation expense for this period is: $13,200

5 0
3 years ago
As the price of tickets rises from $250 to $300, the price elasticity of demand for business travelers is , and the price elasti
soldi70 [24.7K]

Answer:

Price             Quantity demanded                   Quantity demanded

                     business travelers                      vacationers

$150                 2,100                                            1,000

$200                2,000                                             800

$250                1,900                                              600

$300                1,800                                              400

using the midpoint method:

  • price elasticity of demand for business travelers = {(1,900 - 1,800) / [(1,900 + 1,800) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (100 / 1,850) / (-50 / 275) = 0.054 / -0.182 = -0.3

  • price elasticity of demand for vacationers = {(600 - 400) / [(600 + 400) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (200 / 500) / (-50 / 275) = 0.6 / -0.182 = -3.3

Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? <u>FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.</u>

8 0
3 years ago
Abby sells real property for $300,000. The buyer pays $5,000 in property taxes that had accrued during the year while the proper
tamaranim1 [39]

Answer:

a. $287,000

Explanation:

According to the given situation, the computation of the amount realized is shown below:-

Amount realized = Sale value consideration + Property taxes paid by the buyer - Commission - Legal fees

= $300,000 + $5,000 - $15,000 - $3,000

= $305,000 - $18,000

= $287,000

Therefore for computing the amount realized we simply above formula.

5 0
3 years ago
A prosecutor convened a grand jury to bring criminal charges against a pharmaceutical corporation. The charges were related to a
Rina8888 [55]

The answer is,  the Fifth Amendment privilege does not extend to the custodian of corporate records.

<h3>What defines a pharmaceutical company?</h3>
  • A pharmaceutical company, often known as a drug company, is a for-profit organization with a license to conduct medication research, development, marketing, and/or distribution, usually in the context of healthcare.

<h3>What is the role of pharmaceutical companies?</h3>
  • The pharmaceutical sector creates, produces, and markets pharmaceutical products. Its goal is not to define sickness.
  • The majority of drugs created by pharmaceutical corporations are designed to treat conditions that have already been identified as such by the medical community.

<h3>What is an example of pharmaceutical?</h3>
  • Pharmacies or prescribed medications are mentioned in the definition of pharmaceutical.
  • Prozac is an example of a pharmaceutical drug. (medicine) Of, pertaining to, or involving a pharmacy or pharmacists

Learn more about pharmaceutical corporation here:

brainly.com/question/27520309

#SPJ4

5 0
2 years ago
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