<u>Solution and Explanation:</u>
<u>The following journal entry will be passed in the books of accounts.
</u>
date particulars Debit Credit
June 1, 2017 Accounts receivable 64700
Sales revenue 64700
( Being sales on accounts recorded)
June 17, 2017 Cash 62759
Sales discounts 1941
Accounts receivable 64700
(Being cash received from the customers recorded)
<u>Working notes:
</u>
The Sales discounts : $64700 multiply with 3 percent = $ 1941
Cash that will be received will be after deducting the sales discount = $64700 minus 1941 = $62759
Answe and Explanation:
The correct answer is option A
A. It reduces marketing costs more than traditional sales channels.
Answer:
opportunity cost
Explanation:
This is the economical lost of expending the same amount of resources doing other activity that would give you another economic profit.
Answer:
c.$188,150
Explanation:
April May June
Manufacturing costs* $157,700 $198,300 $201,000
Payment April Costs $118.275 $39,425
<u>Payment May Costs </u><u> 148,725</u><u> 49,575</u>
Cash Payments $ 188,150
None other costs will be paid in the month Of May.
*Of the manufacturing costs, three-fourths are paid for in the month they are incurred; one-fourth is paid in the following month. **Insurance expense is $870 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). ***Property tax is paid once a year in November.
Explanation:
The key inputs for a strong job design are a task, motivation, resource allocation and a compensation system. ... The Core Characteristics Model connects job characteristics to the psychological states that the worker brings to the job. It emphasizes designing jobs so that they lead to desired outcomes.