Answer and Explanation:
The journal entry to record the cash sales is shown below:
Cash $82,680
To Sales $78,000 ($82,680 × 100 ÷ 106)
To Sales taxes payable $4,680 ($82,680 × 6 ÷ 106)
(Being the cash sales is recorded)
Here cash is debited as it increased the assets while on the other hand the sales and sales tax payable is credited as it increased the revenue and liability
Answer:
The first thing Tom should have done was to identify his top competitors.
Explanation:
Here are the following steps to carrying out competitors analysis:
- Clarify who your top Competitors are.
- Describe Each Competitor using the SWOT Analysis
- Enumerate their Offering juxtaposing them with yours
2. Identify your Strengths and how they help you take advantage of your
Opportunities
3. Identify Threats and how your strengths would help you minimize them
4. Enumerate your weaknesses and how you'd combine your strenghts and opportunities presented by the competitors weaknesses to reduce them.
Cheers!
Answer:
The correct answer would be 'Networking'.
Explanation:
Meeting people, become their acquaintances, seeking their advice, keeping in touch with them, is actually building relationship with people. When students finish their education career, they need to have a good circle of professionals who can give them advice and guide them in finding the best for their career. When they build relationship with people for their career exploration, this is called networking. People make networks and make use of these networks in finding best for their future careers.
Answer: Listen to the consumer
Explanation: In simple words, the employees working at the cancellation desks are the parts of customer relationship management. CRM involves interacting with the customers and providing them best service so that they enjoy a healthy experience with the organisation.
In the case of flight cancellation, the employees should listen to them properly as if in extreme cases any kind of alternative is possible then such customer must be helped.
