Answer:
1.Insurance
2.Computer Crashes
3.Having to go to another City
Answer:
primary source of law, oral, and repetitive
Explanation:
In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.
Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.
Answer:
the ability to switch easily.
Explanation:
Product indicators help a company to measure the performance of its product against a defined target. The price sensitivity of product determines a company how much the demand for a certain product will change if there is change in price of that product. This enables the company to compare its product easily and measure the performance of its product as it was expected that whether it meets the criteria or goals of the business. Product indicators of sensitivity to price do not include the ability to switch easily.
Answer:
Debit: Accounts Payable $ 5,000
Credit: Merchandise Inventory $ 5,000
Explanation:
Credit note:
A credit note is a document issued by the supplier, when:
-
Supplies are returned or found to be deficient by the recipient -
- When goods supplied are returned by the recipient or goods/services supplied are found to be deficient by the recipient, the supplier should issue a Credit Note.
- The credit note serves the purpose of reducing the value of the original supply.
Preparing journal entries with respect the given situation.
Debit: Accounts Payable $ 5,000
Credit: Merchandise Inventory $ 5,000
The expense of making an additional shirt is called a variable expense. A variable expense is an expense that incurs everytime you make a product. For example, the cost of cloth and the cost of ink used for the t shirt design are all variable costs because they only incur when you make a new one.
