Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
$18,750
Explanation:
The computation of cash or securities is shown below:-
Initial margin or cash or securities to be put into brokerage = Number of shares × current market price per share × Initial margin
= 300 × 125 × 50%
= $18,750
Therefor for computing the initial margin or cash or securities to be put into brokerage we simply applied the above formula.
Answer:
Influencer
Explanation:
Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked to provide detailed specifications and recommendations for the equipment needed. The Raycom engineers will primarily play the <u>Influencer</u> role in the company's buying center.
I would say that an intrinsic risk factor would be like poor balance which can happen as a person ages, plus loss of muscle tone and these two things together, coupled with an extrinsic factor like outside uneven ground can contribute to a fall and perhaps broken bones as bones can get more brittle with age too.
Answer: e) $6,506.04
Explanation:
Employees do not pay FUTA or SUTA. Employers pay those.
Ms. Grant's net pay for the month therefore is;
= Gross earnings - FICA Social Security - FICA Medicare - Federal Income tax withheld
= 8,588 - (6.2% * 8,588) - ( 1.45% * 8,588) - 1,424.97
= 8,588 - 532.46 - 124.53 - 1,424.97
= $6,506.04