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diamong [38]
3 years ago
10

Blair Automotive performed mechanic services for two customers. The first customer owed $5,280 for services, so Blair Automotive

made them sign a written promise to pay in full after six months with an annual interest rate of 3.5%. The second customer owed $326 for services, so Blair Automotive plans to send them a bill within the next two weeks, due within 30 days of receipt of the bill. What is the difference between these two transaction?
Business
2 answers:
julia-pushkina [17]3 years ago
7 0

Answer:

<em><u>The answer is</u></em>: <u>That the first is a contract and the second a record.</u>

<u />

Explanation:

The first is a contract of sale and purchase promise is a preparatory contract, that is, it is the preparatory or initial part of another contract, which is the contract of sale with which the promise in the promise contract materializes or materializes, and that requires the signature of both parties.

The second is a billing record on the invoice already issued.

<em><u>The answer is</u></em>: <u>That the first is a contract and the second a record.</u>

drek231 [11]3 years ago
3 0

Answer:

The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.

Explanation:

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Answer:

Asset and expense accounts appear on the debit side of the trial balance whereas liabilities, capital and income accounts appear on the credit side.

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Im 12 years old turning 13 and love singing reading watching u tube and playing with friends i want to no what will i mostly wan
Tems11 [23]

Answer:

Artist

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Doctor

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Professional Singer

Producer

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Work for NASA

Lawyer

Engineering

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ETC.

you can be anything you put your mind to :)

Explanation:

3 0
2 years ago
What are the benefits an organization can receive from the adoption of a risk management system?
IceJOKER [234]

Preventative hazard administration packages furnish larger perception into insurance, indemnity and legal responsibility troubles and enable the organization to higher focus and structure its inquiry.

<h3>What are the advantages of threat management in an organization?</h3>

Benefits of threat management consist of the following:

multiplied attention of threat throughout the organization;

greater confidence in organizational objectives and goals due to the fact threat is factored into strategy;

higher and more efficient compliance with regulatory and interior compliance mandates due to the fact compliance is coordinated;

<h3>What is the primary reason of risk management?</h3>

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4 0
1 year ago
Laurel, the manager of a software company, assumes that the male employees in her organization are more creative and innovative
ehidna [41]

Answer:

<em>Stereotyping</em>

Explanation:

Stereotyping means making an assumption, which might not be true about an individual or a group of people by another person or group. Stereotyping occurs when the individual fails to do in-depth research about the person he/she is making assumptions about. Stereotyping can be neutral positive or negative.

<em>Laurel is just making assumptions about her male employees been more creative than their female counterpart creativity. Laurel doesn't have fact to back this up, therefore laurel is stereotyping female employees in her organization.</em>

5 0
3 years ago
Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will
MrRa [10]

Answer:

$39,345,664.93

Explanation:

The computation of the company worth today is as follows:

Present value of revenues after tax is

= $3,700,000 × 1.46 × (1 - 0.25) ÷ (0.07 - 0.018)

= $77,913,461.54

And, Present value of costs after tax is

= $3,700,000 × 0.82 × (1 -0.25) ÷ (0.07-0.011)

= $38,567,796.61

So, the company worth today is

=  $77,913,461.54 - $38,567,796.61

= $39,345,664.93

3 0
3 years ago
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