Answer:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Explanation:
The journal entry is shown below:
Cash $3,848
Service Charge Expense ($4,000 ×3.8%) $152
To Sales Revenue $4,000
(Being the record of the sale of merchandise is recorded)
Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue
<u>Answer:</u>
Profits for manufacturers and suppliers
<u>Explanation:</u>
When a product is produced there are producer of goods then comes the manufacturers, who sell it to suppliers, who sell the goods to retailers from where the final user of products that is the consumer purchases.
The money also then is transferred in reverse order. But most of the money goes in the pocket as profits for manufacturers and suppliers. They deal in a bulk or products and therefore keep a nice amount of profit margin.
Answer:
D. Systems analysis
Explanation:
Systems analysis involves a study of the various components of a system to see if if they are efficiently meeting the needs of the business.
Processes are optimised to maximise their efficiency.
Problems that negatively affect achievement of set gloas are identified within the system, and this forms the basis for process improvement.