Answer:
The answer is C. architecture and construction industry demonstrating a sustainable level of growth
Answer:
The amount of cash received from this sale on July 24 is $1940.
Explanation:
The sell of merchandise on July 15 will result in an increase in sales revenue of $3800 and accounts receivables of $3800. The entry would be,
July 15 Accounts receivable $3800 Dr
Sales revenue $3800 Cr
The sales return of $1800 will reduce the amount of accounts receivables. The amount of accounts receivables outstanding and eligible to receive payment from will be (3800 - 1800) = $2000
The accounts receivables are offered a 3% discount if they pay within the 10 days of sale. On July 24, the payment is received within discount period and the discount allowed will be,
Discount allowed = 2000 * 0.03 = $60
The cash received will be $2000 - $60 = $1940
Answer; c. $14,000
Explanation
On December 1, rent had been paid for 3 months. At a rate of $7,000 a month this will come to;
= 7,000 * 3
= $21,000
The Prepaid rent account will reduce every month by the rent due for that month. The balance on the Prepaid account as at December 31 will therefore have reduced by one month from December 1.
= 21,000 - 7,000
= $14,000
I believe the answer is B
The core product alludes to the overnight rental of a room. Its parts are benefited level, booking, nature of the procedure, and the client's part in the utilization of the room. Supplementary administrations incorporate things like stopping, room administration, reservations, and a breakfast buffet. Conveyance of both the center and the supplementary administrations is given electronically, by means of lodging worker, or by the client. Telephone utilize and pay TV are naturally charged to the room. Room administration and registration are given by an inn representative. Most breakfast buffets are self-benefit, requiring the client to make a move.