Answer and Explanation:
The preparation of the cash budget for the month of March ended is presented below:
Cash Budget
Particulars Amount ($)
Opening Cash Balance 72,000
Add: Cash Receipts from Sales 300,000
Total Cash Available 372,000
Less:
Cash Payments
Purchases 140,000
Salaries 80,000
Cash Expenses 45,000
Repayment of Bank Loan 20,000
Total Payments -285,000
Closing Cash Balance 87,000
We simply deduct the all payments from the total cash available so that the ending balance of cash could come
Answer:
In this case, the Nature of the business is "Food and Beverage". This kind of firm when tries for international business firstly has to focus on the "Cultural Side" of the country they want to the expansion of the business.
Every organization has its nature and methodologies of working for earning profits. So, when it comes to earning through the "Food and Beverage" area of the market one must be aware of the cultural impact area on the people and their food habits.
So, the investors, I would like to focus on the vision, mission, and message the Caffè Gustoso's provides to the customers and the market competitors.
Answer:
B) Relationship Behavior
Explanation:
Relationship Behavior is a part of customer relationship management (CRM) which guides behavior of people towards it's customers in a way so that the relationship can flourish.
<em>In this case,</em> what store owner did was a gesture of goodwill, trying to build a strong and healthy relationship with it's supplier. That will help the store itself in future.
Answer:
Dr Accounts payable 1850
Cr Merchandise inventory $37
Cr Cash $1813
Explanation:
Preparation of the journal entry to record the payment on July 12 Using the gross method,
JOURNAL ENTRY
Jul-12
Dr Accounts payable ($2300-450) 1850
Cr Merchandise inventory ($1850*2%) $37
Cr Cash $1813
($1850-$37)
(Being entry recorded for payment to supplier)
