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Whitepunk [10]
3 years ago
8

Credits to customer accounts and credits to other accounts are individually posted from a cash receipts journal such as the one

in Exhibit 7.7. Why not put both types of credits in the same column and save journal space?

Business
1 answer:
Nadusha1986 [10]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

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1.) Discuss the importance of Communication with suppliers to achieve timely delivery (15mks)​
sladkih [1.3K]

Answer:

Customers' expectations of prompt service from the buyer's organization are heavily reliant on supplier on-time delivery. So, it's important to keep an eye on the delivery times of your suppliers. A computer manufacturer discovers one based on a large amount of historical data.

<em>I hope this helps you</em>

<em>:)</em>

7 0
2 years ago
28. Which feature is most reliable when comparing an individual to their ID photo?
Nastasia [14]

Answer:

their eyes

hope it helps

4 0
3 years ago
On January​ 1, 2017,​ Sophie's Sunlounge owned 4 tanning beds valued at​ $20,000. During​ 2017, Sophie's bought 3 new beds at a
Natali5045456 [20]

Answer:

Net Investment = 4,000

Explanation:

Gross Investment = 10,000

Depreciation = Market Value - Book value

Depreciation =26,000 - 20,000

Depreciation = 6,000

Net Investment = Gross Investment - Depreciation

Net Investment = 10,000 - 6,000

Net Investment = 4,000

NOTE: Gross investment for 2017 will be the 3 new beds that Sophie bought during 2017 at a total cost of 10,000. To calculate Net investment we should calculate depreciation first by deducting book value from market value.

4 0
3 years ago
Which of the following tools can the Fed use to contract the money supply? a. To expand the money supply? b. Increasing the disc
Alina [70]

Answer:

See below for details.

Explanation:

To contract the money supply the the Fed can increase the discount rate. This shall increase the cost of borrowing and thus the demand for money should go down. Furthermore, people have more incentive to save as they are getting an increased return thus the overall money supply contracts.

The Fed can also sell short term US securities, this reduces the amount of excess reserves available to banks and restricts their ability to make loans thus contracting the money supply.

The Fed can also raise the reserve requirement which reduces the banks ability to lend loans and create money thus contracting the supply again.

To expand the money supply, The Fed can lower the reserve requirements, creating excess reserves for banks that can be loaned out and thus expand money supply.

The Fed can also buy short term securities for money thus increasing the supply of money in the economy.

Quantitative easing simply increases the money supply with additional currency issuing so this expands the supply.

Decreasing the discount ratios discourage people from saving and encourages borrowing thus creating an expanded supply for money via credit creation.

Hope that helps.

7 0
4 years ago
Stella is 16 years old. She earned $3,500 this year at a local ice cream shop, and another $3,500 in cash babysitting her neighb
andrew-mc [135]

Answer:She does not have to file a tax return.

Explanation:She is below the poverty line.

4 0
3 years ago
Read 2 more answers
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