Answer:
d) debit to cash for $8,820
Explanation:
The Journal entry is shown below:-
Cash Dr, $8,820 ($9,000 - 2% × $9,000)
To Accounts Receivable $8,820
(Being is recorded)
Here we debited the cash as increases the assets and credited the accounts receivable as it decreases the assets.
Working note:
Net sales = Sales - Sales returns
= 10,000 - $1,000
= $9,000
Answer:
- <u>Members of teams with high cohesiveness feel higher loyalty to the team and have better job satisfaction.</u>
- <u>Teams with high cohesiveness are generally more productive due to the energizing effect of regular interaction among team members.</u>
Explanation:
Remember, cohesiveness looks at the degree to which team members <em>stick</em> together in times of difficulties.
Also cohesive teams are good communicators; they would involve in regular interactions among team members, an attitude which when applied to an organisation setting would increase the team's productivity.
Answer:
Loss= $5,000
Explanation:
Giving the following information:
Selling price= $50,000
Purchase price= $85,000
Accumulated depreciation= $30,000
<u>First, we need to calculate the book value:</u>
Book value= Purchase price - Accumulated depreciation
Book value= 85,000 - 30,000 = $55,000
<u>If the selling price is higher than the book value, the company gain from the sale.</u>
Gain/loss= selling price - book value
Gain/loss= 50,000 - 55,000
Loss= $5,000
Answer:
The capital gain is $3.30
Explanation:
Capital gain = Ending price - Initial price
Initial price = [$2.20(1 + .031)]/(.093 − .031) = $36.58
Ending price = [$2.20(1 + (.031*4))]/(.093 − .031) = $39.88
Capital gains = $39.88 − 36.58 = $3.30
A) 100% False
Entrepreneurs are known to be at huge risk from many angles. Being an entrepreneur can open you to many more risks, such as banruptcy, mental stress, and more.
B) Net Profit
Business Profit and Store Profit do not exist in business! Gross Profit has to do with the wages and salaries within your business, not your income!
