1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Temka [501]
2 years ago
13

Assume Clarks cannot estimate the standalone selling price of a pair of SunBoots sold without a coupon. Prepare a journal entry

to record revenue for the sale of 1,000 pairs of SunBoots.
Business
1 answer:
kicyunya [14]2 years ago
7 0

Answer and Explanation:

The journal entry is shown below:

Cash Dr (1,000 × $65) $65,000  

     To Sales revenue $59,000  

     To Deferred Revenue -Discount coupon  $6,000

(1,000 × $100 × 30% × 20%)

(Being the sales revenue is recorded)

here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities

You might be interested in
Too much taxation an overuse of regulation leads to
Naddik [55]
Every things is to high
3 0
3 years ago
Which of the following is/are tactics used by interest groups to influence public opinion? Publicizing voting records of members
Shalnov [3]

Answer:

Publicizing Voting Records and Publishing Research.

Explanation:

As they seek to influence the public opinion and not the government in this question, lobbying would be out as it is a tactic to influence congress members directly and not the public. Publishing voting records could be a valid tactic if said vote records were in favor of the group interest. Funding and publishing research is a valid tactic as well because it serves as a platform to get facts and data to the public, influencing its decision (in the scenario a research findings benefits the interest groups vision, obviously).  

3 0
3 years ago
How are instrument families created?
Grace [21]
Musical instruments are grouped into families based on how they make sounds. In an orchestra, musicians sit together in these family groupings. But not every instrument fits neatly into a group. For example, the piano has strings that vibrate, and hammers that strike.

Hope I helped ❤️
Plz mark me brainiest? :)
5 0
3 years ago
A ________ is a type of business organization that is very similar to a partnership, but is usually formed for one particular ev
scoray [572]

A Limited Liability Company (LLC) is a type of business organization that is very similar to a partnership, but is usually formed for one particular event or purpose, instead of an ongoing concern.

An LLC is a business entity with all the protection of a corporation plus the ability to pass through any business profits and losses to your personal income tax return. An LLC is a hybrid type of business structure where the owners of the LLC are called “members,” and all enjoy the advantages that an LLC has to offer.

A Limited liability company (LLC) is a business structure that offers limited liability protection and pass-through taxation. As with corporations, the LLC legally exists as a separate entity from its owners. Therefore, owners cannot typically be held personally responsible for the business debts and liabilities.

To learn more about LLC,

brainly.com/question/18567855

#SPJ4

3 0
1 year ago
A bank provides its customers mobile applications that significantly simplify traditional banking activities. For example, a cus
zaharov [31]

Answer: Differentiation strategy

Explanation:

Differentiation strategy is a strategy that differentiate a product or service, from other identical products that are offered by competitors in the market. Differentiation is development of a good or service, which is unique for customers, in terms of features, product design, quality, brand image, or customer service.

Differentiation strategy is one of the three Porter’s Generic Strategy. In this strategy, firms pick one or more dimensions that are considered to be vital by the consumers thereby creating a unique image in the market.

The use of mobile banking application will ease the traditional method of banking and makes the bank standout.

4 0
3 years ago
Other questions:
  • You observe the following information regarding Companies X and Y: ∙ Company X has a higher expected return than Company Y. ∙ Co
    7·1 answer
  • Henri, who runs a French restaurant, wants his diners to have an authentic culinary experience. Thus, he wants to recruit qualif
    15·1 answer
  • The economizing problem is essentially one of deciding how to make the best use of a. limited resources to satisfy limited wants
    12·1 answer
  • Inventory turnover is calculated as _____. a) cost of merchandise sold divided by inventory b) cost of merchandise sold divided
    11·1 answer
  • True or false, general revenue sharing grants give states the most discretion as to how to spend the money.
    9·1 answer
  • Tamara has $500 she is looking to save for a class trip. She wants to earn the most possible interest and will not need access t
    11·1 answer
  • Toni and beyonze are married and file jointly. during 2016, they paid tuition for their daughter's college in the amount of $23,
    9·1 answer
  • A project is expected to generate annual revenues of $129,300, with variable costs of $72,400, and fixed costs of $18,900. The a
    5·1 answer
  • Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas
    15·1 answer
  • A group of friends goes out to lunch and decides to split the bill. Their bill is $32. 50, plus they want to leave a 20% tip. Th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!