<span>Akila loves to think about how the physical world works. she believes there are advanced civilizations on other planets. according to john holland's six categories of people, she is most likely in the realistic category. The answer to the missing blank is realistic.</span>
Answer:
The Journal entries are as follows:
(a) On November 5,
Merchandise inventory A/c Dr. $6,000
To Accounts payable $6,000
(To record the purchasing of Merchandise inventory)
(b) On November 7,
Accounts payable A/c Dr. $250
To Merchandise inventory $250
(To record the returned units)
(c) On November 15,
Accounts payable A/c Dr. $5,750
To cash $5,635
To Merchandise inventory $115
Workings:
Final amount due:
= Cost of goods purchased - Cost of goods returned
= 6,000 - 250
= $5,750
Discount amount:
= Final amount due × Discount percentage
= 5,750 × 2/100
= $115
Cash payment to be made:
= Final amount due - Discount amount
= 5,750 - 115
= $5,635
Answer:
The correct answer is option A.
Explanation:
A hurricane that hit Florida has destroyed homes. The rebuilding process will take weeks and months. The price of building materials has increased as well. This increase in price is because of increased demand for building materials.
The demand curve for building materials has moved to the right. This has led to an increase in the price of building materials. The firms are taking advantage of this increase in demand by raising the price by over 100 percent.
Answer:
An overall balance. This might be positive (if the customer owes you money), negative (if you own them money), or at 0 (if all payments have been settled).
A date range. You might create an account statement that covers a specific month, year, or quarter – or you might want to show every single transaction between you and your customer. Either way, the dates should be clear.
Every transaction made within the specified date range, including sales (paid upfront or on credit), payments, and refunds. You should list the date and value of each transaction.
Document numbers to support each transaction. This might include the numbers from invoices, credit notes, or payment receipts.
Contact details for you and your customer – including company name, address, phone number, or email address.
A currency. This is particularly important if you have customers abroad. Even if you have transactions in multiple currencies, an account statement should only be in one.
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Answer:
Annuity received is taxable income at Conor's death and must be included in the gross income while filing tax return.
Explanation:
The amount received as an Annuity is taxable and must be included in the gross income while filing the tax returns. This means that the related costs will also be deducted e.g, fees paid, etc. However the return that wasn't received would not be considered as income as Conor didn't received it. Hence the annuity received is treated as taxable income and must be included in the gross income.
