Answer and Explanation:
The journal entry is shown below:
Cash $8,730
Sales Discount ($9,000 × 3%) $270
To Accounts receivable $9,000 ($10,000 - $1,000)
Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets
Answer: B. It is shifting from a planned to a free-market economy.
Explanation:
The answer this this question is simply “A”.. (“Expense”)
The telecommunications technology that Victor's company can use is a wiki.
<h3>What is telecommunication?</h3>
It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.
In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.
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