To record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.
<h3>Payable cash account</h3>
Based on the information given the appropriate journal entry to record a customer's check in full payment for a sale is:
Journal entry
Debit Payable Cash account
Credit Sales accounts
(To record customer's check in full payment)
Inconclusion to record a customer's check in full payment for a sale that was made the prior month, the company should debit the payable cash account.
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Materials are any single item utilized when conducting scientific experiments. Apparatus is a collective group of items combined to perform experimental projects that do not have consumption. An example of a material would be water. Examples of apparatus would be thermometers or other instruments.
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"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.
<h3>
What is the term Comparative advantage about?</h3>
Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.
Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.
Therefore, correct option is B.
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Firms are known to have goals. the first activity the organization should pursue as part of its strategic planning process is to;
- Review or establish the organization's mission and goals.
<h3>What is the mission and goals of the Organization about?</h3>
The mission of any firm is said to show or depicts the organization's past and present by using or stating why the organization exists.
It also talks about the role a firm plays in society. Goals are said to be some key aims that organizations have to pursue so as to reach their visions and missions.
The best goals are regarded as SMART. which means: specific, measurable, achievable, realistic, and time-bound.
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Answer:
d $51,000
Explanation:
Ending inventory is the value of the inventory in the store at the end of the year.
Goods are purchased and added to the the beginning inventory, the sale for the period is deducted from it. the residual value is the value of ending Inventory.
In This question it is assumed that there is no beginning inventory of the goods. $90,000 of the purchases were made and at the end of the year there was $9,000 balance of inventory.
We can calculate the deduction value as follw
Ending Inventory = Beginning Inventory + Purchases - deduction
$9000 = $0 + $60,000 - deduction
$9000 = $60,000 - deduction
Deduction = $60,000 - $9,000 = $51,000
