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melisa1 [442]
3 years ago
9

Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in th

e account during the month.a. Accounts Payable had a balance of $9,000 at the beginning of the month and $10,200 at the end of the month. During the month, purchases on account amounted to $18,300. Calculate the payments to suppliers during the month.b. Accounts Receivable had a balance of $10,700 at the beginning of the month and $9,900 at the end of the month. Cash collected from customers totaled $38,000 during the month. Calculate credit sales during the month, assuming that all sales were made on account.

Business
1 answer:
serg [7]3 years ago
8 0

Answer:

Payment to suppliers was $ 17,100

Credit sales was $37,200

Explanation:

Please refer to the attached for working.

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bagirrra123 [75]

Answer:

Option C (Drop-shippers) is the correct choice.

Explanation:

  • Drop shipping would be a technique of retail fulfillment where a store does not maintain the items in stock that it advertises or sell. Instead, whenever a store offering its products that used the drop shipping framework, it buys goods from either a third party and it may have delivered the product straightforwardly.
  • The products are owned by Drop shippers but they have never handled or executed them.

Some other alternatives given weren’t linked to the scenario in question. So, the alternative above is the right one.

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3 years ago
Assume oil prices rise in the United States, generating concerns that inflation may increase. If the Fed wishes to ensure that i
miskamm [114]

If the Fed wishes to ensure that inflation does not get out of hand, the Fed could lower the <em>target money supply growth rate</em>.

Inflation is when the general price levels in an economy increases persistently overtime.  The policy tools that the Fed can use to control general price levels in the economy is known as monetary policy.

There are two types of monetary policy :

  1. Expansionary monetary policy : these are steps taken by the Fed to increase the supply of money in the economy. These steps include reducing the <em>target Funds rate, decreasing the reserve requirements and carrying out open market purchase</em>.
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To learn more about monetary policy, please check: brainly.com/question/15566475?referrer=searchResults

7 0
2 years ago
Please Help! What are the top 2 industries affected by data breaches?
Andrej [43]

The answer would be Health and Government, I believe.

7 0
3 years ago
Rodney Halpern works in the marketing department of a major manufacturing firm. Much of his job involves managing the movement o
fredd [130]

Answer:

Letter D is correct. <u>Supply chain management.</u>

Explanation:

It can be said that Rodney's professional responsibilities focus on supply chain management.  The entire logistical process of a product or service, ranging from its manufacture to its delivery to the final consumer can be defined as a supply chain.

Rodney's job is to ensure that the flow of all stages that make up the production process, such as raw materials, work in progress, finished products, and information are managed correctly so that there is an effective supply chain, which ensure delivery of products and services to the right place at the right time.

5 0
2 years ago
When the price of a good is high, selling the good is profitable, and so the quantity supplied is large.
STatiana [176]
False, since higher prices pushes away consumers but lower prices increases consumers.
6 0
3 years ago
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