Answer:
provide ongoing customer support, service, and be alert for new sales opportunities
Explanation:
Answer:
Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)
B. A company pays a 6-month insurance premium at the beginning of October.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Explanation:
B. A company pays a 6-month insurance premium at the beginning of October.
Record expenses for 3 months. Oct-nov-dec. Otrher 3 months are prepaid expenses.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Record expenses for 2 months. Nov-Dec. Other 2 months are prepaid expenses.
Credit, job, be of the age 18
Answer:
This study was carried on by Jiang, Zhenling, during the first semester of 2019 and it involved more than 35 million auto loans in the US. The author determined that monthly payments carrying a $9 ending digit, e.g. $199, had a highest interest rate charged. While those monthly payments carrying a $0 ending digit, e.g. $200, had the lowest interest rate charged. African American and Latin consumers were the most negatively affected groups by the higher interest rates.
The study showed that an effective bargaining tactic would decrease total payments significantly. This research also includes a lot of other information regarding the total economic effects of ending digit bias.
Explanation:
I personally guess that many car sellers and auto loans institutions tempt both African American and Latin consumers by using apparently lower monthly payments (psychologically we all consider $199 to be much cheaper than $200) in order to charge higher interest rates. They also probably offer longer term loans, e.g. 5-6 year loans instead of 3-4 year loans.
Answer: See explanation
Explanation:
Rhe journal entry will be recorded as:
a. March 2:
Debit: Accounts Receivable = 928800
Credit: Sales = 928800
Debit: Cost of Goods Sold = 511500
Credit: Merchandise Inventory = 511500
b. March 6:
Debit: Sales Returns and Allowances = 108400
Credit: Accounts Receivable = 108400
Debit: Merchandise Inventory = 60800
Credit: Cost of Goods Sold = 60800
c. March 12:
Debit: Cash = 803992
Debit: Sales discount = 820400 × 2% = 16408
Credit: Account receivable = 820400
