Transforming input into output
Accounting clerkAn accounting worker who processes routine details about accounting transactions.hope this helps
Answer:
The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior
Explanation:
The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.
Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.
Answer:
$171,000
Explanation:
Fixed assets should be recorded in the books of purchaser at [Actual cost of purchase + Additional expenses incurred related to purchase}. Here, land was purchased for $171,000. and no other additional expenses given. so it should be recorded at $171,000
Answer:
The Sales Returns and Allowances account is on the income statement as a deduction from Sales.
Explanation:
Sales Returns and Allowance account represent the balance of all sales that have been returned by the customers for any reason and discounts given to the customers. It is a contra sales account. It is presented on the income statement only as a deduction from sales. It is not presented on balance sheet. So, the correct option is on the income statement as a deduction from Sales.
