Ask question

Ask question

All categories

3 years ago

11

The actual cash received from cash sales was $83,452, and the amount indicated by the cash register total was $83,480. Journaliz

e the entry to record the cash receipts and cash sales.

1 answer:

Korvikt [17]3 years ago

4 0

Answer:

Dr Cash $83,452

Dr Cash short or Over $28

($83,480-$83,452)

Cr Sales $83,480

Explanation:

Based on the information given the appropriate journal the entry to record the cash receipts and cash sales is:

Dr Cash $83,452

Dr Cash short or Over $28

($83,480-$83,452)

Cr Sales $83,480

(To record the cash receipts and cash sales)

You might be interested in

The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $125 per share for months, and you believ

Bezzdna [24]

Answer:

The price of a 6-month call option on C.A.L.L. stock is $13.52

Explanation:

According to the given data we have the following:

P = Price of 6-months put option=$10.50.

So = Current price=$125

X = Exrecise price=$125

r = Risk free interest rate= 5%

T = Time 6 months = 1/2

In order to calculate the price of a 6-month call option on C.A.L.L. stock at an exercise price of $125 if it is at the money, we would have to use the formula of put-call parity as follows:

C=P+So- (<u> X )</u>

( 1+r)∧T

C=$10.50+$125-(<u>$125 )</u>

(1+0.05)∧1/2

C=$135.5-121.98

C=$13.52

The price of a 6-month call option on C.A.L.L. stock is $13.52

3 0

3 years ago

Zen Nxt, an innovative tablet and smartphone manufacturer, launches a new line of smartphones with advanced processors, high def

-Dominant- [34]

Answer:

a) Competitive price

Explanation:

a) Competitive price

Competitive price strategy is taken into consideration for setting prices for a product keeping in mind the competitors price for the similar products.

Competitive price have better sales and compete better with other similar products in the market. It gains a competitive edge in the market. It gains maximum customer recognized values.

6 0

3 years ago

Moon, a farmer, needs to install a two-thousand-pound piece of equipment in his barn. This will require lifting the equipment th

kirill [66]

Answer: c) Uniform Commercial Code

Explanation:

it has different articles e.g for sales of goods, warranties and disclaimer (seller assuring buyer of the quality of product). And this is what has transpired between Moon and Davidson

5 0

3 years ago

Roger has a good amount on his plate. He works full time, he also has a part-time job, and has a new consulting company in respo

Aleksandr [31]

Answer:

In state of resistance.

Explanation:

In the state of resistance, the body is repaired through an stressful situation. There is a normalization of vital functions such as heart rate and blood pressure and also less release of cortisol.

The body remains alert even in the repair phase, but when the individual is able to overcome this stressful phase, the body continues to repair itself until vital functions are normalized.

So if the person is unable to manage stress, the body will consequently remain on high alert and learn more and more to deal with increasingly high levels of stress.

Some symptoms of the resistance phase are difficulty in concentration, high irritability and frustration.

6 0

4 years ago

Read 2 more answers

As the owner of a small business, esma would like to move the sale of her candles from storefronts to the internet. She can read

Inga [223]

Thanks to technology, almost anyone to be global, with two varying results: Small companies can get started more easily but move slower.

<h3>Facts about Internet commerce </h3>

Allows for more access to customers from around the world.
Increases chances of profitability.

Small companies have smaller catalogues to sell and so can easily get involved in internet commerce. They however, are not as rich as large companies which means that they will not be able to invest enough to move as fast as large companies.

Find out more on internet commerce at brainly.com/question/6586612.

7 0

2 years ago