Answer:
The correct answer is (A and C)
Explanation:
Storing data is important for businesses as it helps to record everything, and it can be used at any time to ensure transparency and integration. Relationship database is a mean of storing data which helps to apply business rules and regulations across every operation. Likewise, it also helps to inline all the operations to integrate business processes.
Answer:
The journal entry to record the sale is shown below:
Explanation:
The journal entry which is to be recorded for the sale is as follows:
On November 10,
Accounts Receivable A/c.................Dr $8,000
Sales A/c...............................................Cr $8,000
As the sale made by the Flores on November 10, therefore, the sales account is credited with the amount. And the sale is made against the Account receivable account which is debited because the payment is not made yet as there are conditions of the credit term which is to be followed. So, the account receivable is created.
Answer:The products or services which are introduced need to be decided on the basis of market intelligence. The store can be converted into a coffee shop offering music by creating a unique atmosphere where customers can enjoy the live music, browse through the music and also listen to their favorites played for them, while they enjoy their favorite coffee. It is essential that the uniqueness factor which would be relevant for the target audience be created for example a karaoke machine for the young generation or encouraging customers to just do their thing with impromptu performances. The musical products offered should include the option of the latest storage devices but focus more upon creating a unique atmosphere of a musical Cafe with playing out of specific musical themes which the target audience are likely to identify with and want to participate in. The uniqueness factor is important as it is what will create differentiation and provide a competitive advantage to the business.
Explanation: The price should be raised as the product and service is to have a feel of uniqueness which is not so difficult to obtain at another place as it is not easily imitable and also as the uniqueness factor provides exceptional perceived value for the customer within the product. A unique product needs to maintain some exclusiveness adequate value to be perceived by the customer so it needs to be priced at a premium. The price chart is more for the uniqueness which is created and the unavailability of similar options.
Answer:A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions. ... In the United States, neither banks nor the FDIC insure the contents.
Explanation:
Based on the information given the appropriate journal entry to record the redemption of the bonds is:
Casey Company Journal entry
June 30, 2021
Debit Bonds payable $500,000
Debit Premium on bonds payable $8,000
($508,000-$500.000)
Credit Gain on bond redemption $28,000
($508,000 - $480,000)
Credit Cash $480,000
($500,000 x 96%)
(To record redemption of the bonds)
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