Answer:
Deed
Explanation:
A deed, when duly signed, is a written legal document that confers some property rights to the holder. A signed deed facilitates the transfer of property ownership to the new owner. The deed is written evidence that the signed holder has an interest or right to the property stated in the deed document.
The deed has to be entered into the public records; otherwise, ownership of the property will be vulnerable.
Answer:
December 31, 2015, bad debt written off
Dr Bad debt expense 1,200
Cr Accounts receivables 1,200
September 15, 2016, write off is partially reversed and a partial payment is collected
Dr Accounts receivable 600
Cr Bad debt expense 600
Dr Cash 600
Cr Accounts receivable 600
Answer:
Social entrepreneurs seek innovative ways and operate to drive change, whereas social enterprises form to fulfill a business purpose and solve societal needs through their commercial activities.
Answer:
a. increase the price of the software
Explanation:
If I were the sales manager for a software company and have been informed that the price elasticity of demand for your most popular software is less than 1. In order to increase total revenues from that product, I will increase the price of the software.
The reason for such decision is based on the fact that when the price elasticity of demand of a product is lower than 1, an increase in the price of that product results in an increase in revenue for the seller.
Answer: gross material requirements plan
Explanation: A material requirements plan has been developed for product A based on the product structure of A and the lead-time needed to obtain each component. Planned order releases of a parent item are used to determine gross requirements for its component items.
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