Answer:
The transaction recorded are shown in the below table.
Explanation:
According to the scenario, the following transaction according to the perpetual system can be recorded as follows :
Date Particulars Debit Credit
Feb.9 Purchase Inventory $54,000
Accounts payable $54,000
Mar.7 Accounts Receivable $74,000
Sales inventory $74,000
Mar.7 Cost of goods sold $54,000
Inventory $54,000
Answer:
Windows Vista
Explanation:
Windows Vista is an operating system created by Microsoft for personal computers including laptops, tablets, desktops. It has a graphical user interface visual which is called AERO.
AERO is the acronym for authentic, energetic, reflective and open. AERO graphical user interface was clearer and had more animations than previous created windows at that time causing it to have high video hardware requirements than the operating OS at the time.
An estimated amount of money or payment required to pay by the purchaser to the owner or manufacturer is called cost. It is a defined amount of price set by the seller for its product.
$ 72 is the cost for the notebooks.
<h3>How to determine the cost?</h3>
Given,
- Cost of x notebooks = 3x
- Number of notebooks (x) = 24
Cost of 24 notebooks = 3 (24)
Cost = 72
Therefore, option d. $72 is the cost of the notebook.
Learn more about cost price here:
brainly.com/question/962043
Answer:
Balance of Accounts Receivable in the end of January = Beginning balance + Revenue from earned services - Collections during the period
= 70000 + 14300 - 18400
= $65900
At the end of January, the balance in the accounts receivable account should be $65900
Answer:
has a fair market net worth sufficient to sustain the risks of the program.
Explanation:
FINRA is an acronym for Financial Industry Regulatory Authority. It is a non-profit agency in the United States of America, which is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
A direct participation program (DPP) can be defined as a financial security which gives an investor (customer) access to the cash flow and tax benefits of a business venture.
Under FINRA rules, to recommend a direct participation program (DPP) to a customer, the registered representative must ascertain and ensure that the customer has a fair market net worth that is considered to be sufficient to sustain the risks associated with the program, including loss of investment and lack of liquidity.
