Answer:
Please refer to the below
Explanation:
Journal entry as seen below
Feb 28 Sales tax payable Dr $975
Cash Cr $975
Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.
Answer: Stakeholder
Explanation:
The stakeholder is the person in an organization that manage all the external and the internal function or the stake of the business.
The main objective of the stakeholder is to managing all the resources, stake, knowledge and the materiel of the company and it also provide some interest to an organization.
According to the question, the stakeholder is basically supply the various types of productive resources ti the firms and then claim on the stake in an organization and this is known as stakeholder.
Therefore, Stakeholder is the correct answer.
<span>If 28 percent of parents state GPS and another 28 percent of parents state DVD player as most important, that would mean 56 percent of parents deem one or the other as the most important piece of equipment for a roadtrip. 56 percent of 1000 equals 560 out of 1000 parents chose a GPS or DVD player.</span>
Explanation:
Happy Company will consider both capital expenses and foreign exchange threats.
If Happy's calculations are right, borrowing from Minland Bank is the best choice.
However, since forecasts are based solely on estimation, the choice is still centered on Happy Company's risk appetite, whether to take an 8 per cent flat rate, a strong 14 per cent rate, but with a chance of decline or a small 5 per cent rate, but with a possibility of appreciation.
When a firm stretch accounts payable without hurting its credit rating, the cost of giving up a cash discount is<u> reduced.</u>
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A credit rating is a measure of a person's or entity's ability to repay financial obligations based on income and past repayment history. Usually expressed in terms of creditworthiness, banks and lenders use creditworthiness as one factor in deciding whether to lend money.
Credit ratings help lenders determine the creditworthiness of borrowers. An individual's credit rating is determined by factors such as borrowing history, outstanding borrowings, and payment history.
Credit ratings are used by investors, intermediaries such as investment banks, bond issuers, and companies and corporations.
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