Answer:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
Explanation:
The original invoice was recorded as:
Dr Merchandise inventory 5,880
Cr Accounts payable 5,880
When half the merchandise was returned:
Dr Accounts payable 2,940
Cr Merchandise inventory 2,940
When the invoice was paid after the discount period had expired:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
a. resources can be moved where they're needed-------trade
Trade includes the exchange of products or administrations starting with one individual or substance then onto the next, regularly in return for cash. A system that permits exchange is known as a market.
Trade is a fundamental financial idea including the purchasing and offering of products and ventures, with remuneration paid by a purchaser to a dealer, or the trading of merchandise or administrations between parties.
b. workers have an incentive to improve their skills-------competition
Competition is the basic driver of execution and advancement. It benefits everybody by empowering us to browse a variety of fantastic items at reasonable costs. Competition additionally supports the selection of advancement as organizations develop and new thoughts prosper in the commercial center.
Customers remain to pick up the most from more prominent competition in the data innovation (IT) advertise. Reasonable and open competition implies bring down costs and more noteworthy decision.
c. wasted movements are eliminated-------------specialization
Specialization is a strategy for generation whereby a substance centers around the creation of a restricted extent of products to pick up a more prominent level of proficiency. Numerous nations, for instance, represent considerable authority in delivering the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises. This specialization is, subsequently, the premise of worldwide exchange, as couple of nations have enough generation ability to be totally self-maintaining.
Advertisement was not an offer. why does it have to be on September 10th though :,(
Answer:
After determining the costs of doing a research, it is possible to take on two different paths: to ask for public and/or private funding, and/or planning and/or outlining the development of the research.
Explanation:
To determine the costs of a research is one of the first steps researchers make, in order to prepare for how they are going to develop that and what will be necessary for doing so. The next step could be two different things: either to ask for public and/or private funding, in order to get the amount of money needed for development, and also for establishing a broad network with companies and institutions interested in the research; and/or to plan and/or outline the development of the research itself, having all major and specific aims outlined and structured with specific informations about who will be the agent of each action, what is the aim for each of them, how it is going to be developed in practice and real life, the studies and scientific networks liked to the research, the expected results with possible problems and solutions, the testing needed if any action takes a wrong or not expected turn, and the turning point of concluding the research tied to the aims achieved with their consequences for future researches.
