Answer:
Dr Cash 1020
Cr Service revenue 1000
Cr Service fee 20
Explanation:
Service fee is expense of individual who is purchasing not store's expense.
- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.
The only revenue of store is $1000.
Answer:
B. add value to
Explanation:
Customer service includes all forms of assistance and advise given to a firms' customer.
A firm with good customer service adds value to the firms' product.
For instance, if I buy a decoder and can't figure out how to set it up, if I contact a firm's customer service and they are unresponsive or provide bad service, I might be unable to effectively use the decoder. This would reduce the value of the decoder to me.
But if I contact the customer service and they are prompt to answer my questions and give assistance, the value of the decoder to me would be enhanced.
I hope my answer helps you
Answer: Increase and Unchanged
Explanation:
Given that,
Veronica withdraws = $1,500 from her savings account
then deposit this amount into her checking account.
M1 contains:
M1 = currency with public + checkable deposits + other deposits with RBI
M2 Contains:
M2 = M1 + post office savings account
Veronica withdraws $1,500 from savings account, so M2 decreases by $1500. Then, she deposited this amount into her checking account as a result M1 increases by $1,500 and M1 is a component of M2, so M2 also increases by $1500.
The conclusion of this transaction is that M1 increases by $1500 and there is no change in M2.
Answer:
$183,493.91
Explanation:
The computation of the amortization expense is shown below:
but before that following calculations are needed
The Amortization cost per year is
= $2,500,000 ÷ 16 years
= $156,250
Now the legal fees per year
= $326,927 ÷ 12 years
= $27243.92
Now the amortization expense is
= $156,250 + $27243.92
= $183,493.91
