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3 years ago

Alternative development means

Business

1 answer:

Nataly_w [17]3 years ago

4 0

Alternative development means local development

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Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t

algol13

Answer:

c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales

Explanation:

The journal entry is shown below:

Bank credit card sales A/c Dr XXXXX

Credit card expense A/c Dr XXXXX

To Sales A/c XXXXX

(Being the sales is recorded via bank credit cards)

As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited

4 0

3 years ago

Required information Use the following information for the Exercises below. Skip to question [The following information applies

Lyrx [107]

Answer:

Follows are the solution to this question:

Explanation:

In point A:

The estimated amount of uncollectible allowance = $\$ \ 635,000 \times 4 \% = \$ \ 2,540,000$

In point B Journal

Titles and descriptions of accounts Debit Credit Calculation

Expenditure on bad debts $\$ \ 2,526,700$

Doubted debt allowance $\$ \ 2,526,700 \ \ (\$ \ 2,540,000 - \$ \ 13,300)$

(Bad Debts Expense recorded)

In point C Journal

Titles and descriptions of accounts Debit Credit Calculation

Expenditure on bad debts $\$ \ 2,553, 300$

Doubted debt allowance $\$ \ 2,553, 300 \ \ \ \ (\$ \ 2,540,000 + \$ \ 13,300)$

(Bad Debts Expense recorded)

5 0

3 years ago

During 2021, Falwell Inc. had 610,000 shares of common stock and 61,000 shares of 9% cumulative preferred stock outstanding. The

Korvikt [17]

Explanation:

I dont k ow and I dont care

6 0

2 years ago

Leona bought two different brands of wine from vineyards in Australia. When asked for her opinion about the wines, she said that

Diano4ka-milaya [45]

Answer:

C. Post purchase behavior

Explanation:

Whenever a consumer buys a product, he/she undergoes various stages between the creation of need/want and the ultimate purchase decision.

5 stages have been stated under Consumer buying decision, namely,

Need recognition : the foremost stage wherein a need or desire arises.
Information search: Here, the consumer searches for information w.r.t how the need or want can be satisfied.
Evaluation of alternatives: The stage wherein a consumer weighs pros and cons of all available alternatives which can satisfy the need.
Purchase: The stage wherein a consumer finally purchases a product.
Post purchase behavior : Here, the consumer evaluates his purchase and reviews his purchase decision.

In the given case, the customer already bought both the wines. Her opinion regarding superiority of quality and taste between the two, represents her post buying stage of purchase decision and her review of the viability of purchase decision.

8 0

3 years ago

An investor purchased a "par bond" for $300 with the principal $300. Over n = 5 years the bond will pay 8% coupon annually. Find

Digiron [165]

Answer:

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-300

Cash flow each year from year 1 to 4 = $\frac{8}{100}$ × $300 = $24

Cash flow in year 5 = $300 + 24 = $324

IRR = 8%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

4 0

3 years ago

Alternative development means​

Alternative development means