Answer:
Debit to sales discounts for $100
Explanation:
Please see journal entry to record the sales below;
a. Dr accounts receivable $5,00
To sales revenue account $5,000
(Being merchandise that is sold on credit basis)
Suppose payment is made within 10 days, the journal entry will be;
Dr Cash account $4,900
Sales discount account $100
(5,000 × 2%)
To accounts receivable $5,000
(Being cash that is received)
Answer:
The qualifications needed for a Logistic Planning and Management career are:
a) research skills and understanding of the product's supply chain
b) critical thinking skills
c) math and reasoning skills
d) knowledge of hazard regulations to provide safety training
Explanation:
Logistic Planning and Management involves planning. Planning requires some level of research skills and understanding of the product's supply chain. Since logistics contribute value and growth to an organization by ensuring availability of production materials, warehousing, and transportation of finished goods, critical thinking is also needed. To determine the best delivery routes and achieve cost-effective packaging of goods, maths and reasoning skills would be deployed. This makes this skill very important. The manager will also need to measure, analyse, and improvise at any time. This requirements calls for math and reasoning skills as well.
Finally, the knowledge of hazard regulations will aid the manager to provide safety training to those involved in logistics handling, including the drivers that would deliver goods to customers.
Answer:
B. Official note of sale.
Explanation:
An official note of sale is a disclosure document for new issue municipal bonds. These bonds, when sold by the issuer, must ensure that an officail not of sale is distributed to all purchasers before or at the settlement. The notice of sale is distributed by underwriters.
Cheers.
<h2>IFRS brings transparency, accountability and efficiency to finanacial market across the globe.</h2>
Explanation:
IFRS - International Financial Reporting Standards
Transparency:
a) international comparability
b) quality of financial information,
- enabling investors to make "economic decisions"
Accountability:
- It strengthens this aspect by reducing the information gaps
Efficiency:
- Helps investors to identify market opportunities
- Alert about the risks across the world
- lowers the Capital cost
