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3 years ago

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

Business

2 answers:

Viefleur [7K]3 years ago

6 0

I believe the answer is a.?

mylen [45]3 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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A paycheck is issued for $329. 40. The paystub reflects an amount earned of $400. 00, Medicare tax of $5. 80, Social Security ta

cestrela7 [59]

Net income is the amount that will be earned after all the taxes have been subtracted from the paystub amount.

<h3>The net income for the paycheck</h3>

Given Information:

Paycheck=$329.40
Paystub=$400.00
Medical tax=$5.80
Social security tax=$24.80
Federal tax=$40.0

The Net income is therefore:-

Net Income=Paystub-Medical tax-Social security tax

Net Income= 400 - 5.80 - 24.80 - 40

Net Income= $329.40

In conclusion, the net income is $329.40.

Learn more about Net income, refer to the link:

brainly.com/question/20938437

6 0

2 years ago

In the event a firm goes bankrupt, an investment grade senior debenture bond is more likely to receive liquidation proceeds than

Elina [12.6K]

The answer that best fits the blank provided above is A SUBORDINATED DEBENTURE. Subordinated debenture is also known as subordinated debt. This kind of debt that ranks just below other loans whenever the company files bankruptcy. This is what is received instead of the liquidation proceeds.

3 0

3 years ago

The internal rate of return (IRR): I. rule states that a typical investment project with an IRR that is less than the required r

Ierofanga [76]

Answer:

II, III, and IV only

Explanation:

The first statement is wrong. IRR is the rate that causes the net present value of a projects cash-flows to exactly equal zero, and therefore a project with a required rate of return higher than the IRR would mean that the cash-flows have to be discounted by a higher rate, which would yield a negative net present value. Such a project would reduce shareholder wealth and should be rejected. The other 3 statements are correct.

3 0

4 years ago

One of the great benefits of trade is

Tanzania [10]

I believe the answer is: B.That it makes it possible for society to become better off by increasing both its production and its consumption.

Without trades, in order to fulfill all needs of the people, a country need to separate their time and resources to produce each of the needed products. With trades, a country could increase the production of the products in which they have a natural advantage at, and trade the products with other countries in case we need different product that we do not produce here.

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3 years ago

Elaine sweeney went to ragged mountain ski resort in new hampshire with a friend. elaine went snow tubing down a snow tube run d

natali 33 [55]

<span>1. Elaine could say that there should have been employees available to instruct snow tube riders. 2. Ragged Mountain will likely assert that the snow tube rules are posted on a sign. 3. If Elaine is partly at fault, she could face fees for any injuries that were caused.</span>

5 0

3 years ago