Answer:
A journal is provided as an attachment to record the entries for Perez Computers.
Explanation:
The gross method of cash discounts assumes that the customer will not take advantage of the offered discount. It therefore records the sale in full without netting off the discount element. This was done in the answer.
When Robertson paid within 10 days, the 3% cash discount was allowed since payment was received within the terms of 15 days.
For The Clark Store, there was no discount because payment was received later than the allowed 10 days.
Answer: $100
Explanation:
Sometimes Debt instruments like Debentures and Bonds are convertible to shares in the company.
To calculate the Conversion Price, the following formula is used;
= Par Value / Conversion Ratio
= 1,000/10
= $100
Par value is usually $1,000 for such instruments.
Answer:
The kids in the movie were not acting they were actually scared.
Explanation:
Answer:
B) Subtract them from the bank balance.
Explanation:
When you are adjusting your bank statement you must subtract any outstanding checks and add any deposits in transit.
In this case, the checks that were written at the end of December will probably be cashed during the next months, but the company must adjust their bank balance because they know that the checks will eventually be cashed, sooner or later.
Answer:
The correct option is: c. Mistrust
Explanation:
Mistrust or distrust is described as the <u>lack of confidence</u> in other individual or organization, experienced by an individual in case of <u>uncertainty and potential risks.</u>
In the given example, due to the reduced workforce or the downsizing of Emil's company, Emil is experiencing a lack of confidence and trust in his company.
<u>Therefore, Emil is most likely experiencing feelings of </u><u>mistrust or distrust </u><u>in the company's management.</u>
