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Nady [450]
3 years ago
11

On October 10, Jayson Company receives an order for a $700 TV which it will deliver to the customer on October 17. The customer

pays the full amount in cash at the time of the order. Besides recording the receipt of $700 cash, what else should Jayson record on October 10?
a. Record $700 revenueb. Record some of the $700 as revenue now and the rest on delivery of the TV
c. Record a $700 liability d. Make no record at this time; record revenue and receipt of cash on delivery of TV
Business
2 answers:
MArishka [77]3 years ago
4 0

Answer:

C.

Explanation:

It is the company's liability until the customer takes posession.

GalinKa [24]3 years ago
4 0

Answer:

Option "C" is the correct answer to the following statement

Explanation:

In the following situation, Jayson Company should record a liability of $700 until the customer gets his or her TV.

the customer gives order and full payment to Jayson Company of $700 on October 10 and receive his or her order on October 17.

So, $700 is a liability for Jayson Company and assets for the customer.

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____ institutions accept and manage customer deposits in checking and savings accounts.
gtnhenbr [62]

Answer:

The correct answer is depository institutions.

Explanation:

We denominate Depository institution to financial entities that can legally receive and manage monetary deposits from costumers.

This institution serves as a way to keep a person's money securely, and thus achieve the physical security of the person who owns the money, since having a certain amount of money with himself can be dangerous.

A client will give his money to a depository institution, which also have several types of bank accounts, and when the client wishes, that money will be returned.

The depository Institution, while saving your money, can use it to make investments or to lend to other costumers.

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3 years ago
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3 years ago
Lester lent money to The Corner Store by purchasing bonds issued by the store. The rate of return that he and the other lenders
Alexxx [7]

Answer:

The correct answer is letter "E": cost of debt.

Explanation:

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Read 2 more answers
Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are co
netineya [11]

Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.

<h3><u></u></h3><h3><u>What is decoy pricing?</u></h3>

A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.

The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.

<u></u>

Learn more about pricing tactics with the help of the given link:

brainly.com/question/25716956?referrer=searchResults

#SPJ4

8 0
2 years ago
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