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
posledela
3 years ago
8

Received a $3,000.00 check from Pacific Stores. The check pays $3,061.22 of the Dec. 3 sale on account, S395, less 2% discount.

R403.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

Accounts Receivable Credit- $3061.22

Sales Discount Debit- $61.22

Cash Debit- $3000

Explanation:

You might be interested in
1. For a given meal, a chef may prefer grilling to baking because it
tangare [24]

[] Answer []

\boxed{Produces \ more \ intense \ flavor}

[] Explanation []

For a given meal, a chef may prefer grilling to baking because it <u><em>produces more intense flavor</em></u>.

Chef - Cooks instead of bakes (Uses stovetop)

Baker - Bakes instead of cooks (Uses oven)

       When cooking, you are making meals and entrés, instead of pastries and baked goods. When cooking, a chef always wants to let out he most flavor he can. This is why he grills. When grilling, you cook your food in oil, butter, marinade, etc. All these flavors soak into the food, causing it to erupt with flavor. This is why when a chef cooks meat, he lets it soak in marinade, butter, wine, herbs, etc. first, then cooks them in it second. This entices the flavor, causing it to to be more tasteful and delightful.

       A chef prefers to grill because it pulls out the flavor, where-as baking is a slower, less intense method of producing / cooking food. Baking is more bland and does not create a superb audience. When cooking something, you are allowing your food to soak in grease, wine, etc. When baking something, your food sits there slowly without any interaction too much flavor.

\boxed{[] \ Eclipsed \ []}

4 0
4 years ago
Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December he performed $
nordsb [41]

Answer:

Should Manny send his client the bill in December or January?

Send the bill in January because in cash method accounting recognized when payments are made.

In december he recognized only income because is in advance.

Explanation:

The cash method of accounting requires that sales be recognized when cash is received from a customer, and that expenses are recognized when payments are made to suppliers.

6 0
4 years ago
Sandhill Co. sells office equipment on July 31, 2022, for $22,430 cash. The office equipment originally cost $77,870 and as of J
ioda

Answer:

(a)

July 31, 2022

Dr. Depreciation Expense          $4,580

Cr. Accumulated Depreciation  $4,580

(b)

Dr. Cash                                      $22,430

Dr. Accumulated Depreciation $41,410

Dr. Loss on Sale of asset          $14,030

Cr. Cost                                       $77,870

Explanation:

Before sale of the asset, depreciation for the year should be recorded. To incorporate its effect on the sale.The depreciation for the 7 months of 2022 will be added to the accumulated depreciation account.

July 31, 2022

Accumulated Depreciation = $36,830 + $4,580 = $41,410

Net Loss is calculated by deducting the accumulated depreciation and cash received on the sale from the original cost of the asset.

5 0
4 years ago
Most people are very sensitive to risks and therefore will avoid them whenever possible.<br> T<br> F
STatiana [176]
The correct answer is TRUE

!
6 0
4 years ago
Read 2 more answers
SoHo International Investment Management has an asset allocation strategy of 57% U.S. investments and 43% global investments. Wi
love history [14]

Answer:

1.38%

Explanation:

Calculation to determine About what percentage of SoHo International's total portfolio is invested in Bright Force

Using this formula

SoHo International's total portfolio percentage=

Asset allocation strategy percentage*United States, Go Global has allocated percentage*SoHo International U.S holds percentage

Let Plug in the formula

SoHo International's total portfolio percentage=57%* 55%* 4.4%

SoHo International's total portfolio percentage=1.38%

Therefore SoHo International's total portfolio percentage that is invested in Bright Force is 1.38%

5 0
3 years ago
Other questions:
  • How does the law of supply and demand operate?
    9·1 answer
  • If GNP is​ $600 billion, receipts of factor income from the rest of the world are​ $50 billion, and payments of factor income to
    12·1 answer
  • Which of the following statements is false? (2 points) If a tangible asset has a finite life, it should be amortized Goodwill is
    12·1 answer
  • John Maynard Keynes believed that the economy could be turned around and brought out of a depression by?
    9·2 answers
  • A special agreement between the lender and the borrower to delay a foreclosure is known as what...? Lis Pendens Postponement For
    8·1 answer
  • Cassie’s app is considered to be_____.
    5·2 answers
  • WILL GIVE BRAINLIEST PLS ANSWER
    7·1 answer
  • Abby and Jason are building a new house. They obtained a construction loan of $100,000, which will be rolled over into a convent
    14·1 answer
  • 1. Grant A: Harmon seeks to be reimbursed by the state for costs incurred in teaching students with disabilities. To receive rei
    15·1 answer
  • Research simply involves reading about a subject.<br> - True<br> ✅False
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!