Answer:
Required a. Record the general journal entries for the preceding transactions:
cash 12,000 debit
common stock 12,000 credit
--to record issuance of stocks --
inventory 5,600 debit
cash 5,600 credit
-- to record purhcase of inventory--
cash 5,712 debit
sales revenue 5,712 credit
COGS 3,360 debit
Invenotry 3,360 credit
--to record sale and subsequent cost--
advertizing expense 650 debit
cash 650 credit
Explanation:
We will post baed on the accounting principles:
debit = creidt
1)we debit cash and credit how we obtain the cash
2) we debit inventory and credit cash which is how we acquire the inventory (if it was o naccount it will be account payable)
3) we recognize the gain and the cash which was obtain for it.
also we recognize the expenses, which are the cost of the goods used so decrease inventory
4) we recognize the expense and decrease the cash used to pay for it.
Answer:
A .Sociocultural
Explanation:
Social culture represents lifestyles, values, and customs that define a society. Its aspects include education, language, religion, values, aesthetics, and attitudes.
Sociocultural factors dictate the roles and status of individual, groups, and families in society. The sales representative is not familiar with the Japanese way of doing business. He has encountered Japanese sociocultural practices that are making him feel uneasy.
Answer:
a) 115 students
b) 110 students
Explanation:
Let x represent the total number of students.
56% examines failed in Science, hence 0.56 examines failed in Science. 54% examines failed in Nepali hence 0.54x examines failed in Nepali. 25 students fail in both the subject and none passed in both subjects, hence:
(0.54x - 25) + (0.56x - 25) + 25 = x
0.54x + 0.56x -x = 25 + 25 - 25
0.1x = 25
x = 250 students
a) The number of examines who failed in Science only = 0.56x - 25 = (0.56 * 250) - 25 = 115
b) The number of examines who failed in Nepali only = 0.54x - 25 = (0.54 * 250) - 25 = 110
Answer:
Explanation:
Cash book balance = $2,620
Adjustment
Less:
Bank service charge. $85
Add:
NSF check not recorded. $350
Customer note receivable. $1,000
Interest earned $35
New Balance. $3,920