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oksian1 [2.3K]
3 years ago
5

Explanation of competition and a real life example​

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

Answer:Hello there.

Explanation:I am figuring this question out for you. give me one moment

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Andrews Company accepted a note receivable from a credit customer who failed to pay their $2,000 Accounts Receivable balance. Th
Darina [25.2K]

Answer:

The journal entry which is to be recorded for the dishonored note is shown below:

Explanation:

The journal entry which is to be recorded for the dishonored note is as follows:

Accounts Receivable A/c..............................Dr $2,075

       Notes Receivable A/c...................................Cr $2,000

       Interest Revenue A/c......................................Cr $75

Being the note which is received got dishonored

As the note got dishonored so the accounts receivable account will be debited against the notes receivable account and the account of interest revenue is also credited.

Working Note:

Interest revenue = Amount of notes receivable × Rate  × Months / Total number of months

= $2,000 ×5%  × 9/12

= $75

6 0
4 years ago
As a sole proprietor, what are the ways in which you can raise money to establish your business, and make it grow?
kolezko [41]

Answer:

Take out a small business loan.

Explanation:

A small loan is a way, based on your credit, to establish a way to raise money.

3 0
3 years ago
Fixing your sink is an example of a nonmarket transaction.
svetoff [14.1K]
True it is a non market transaction
6 0
4 years ago
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A change in demand is represented by a ______ the demand curve while a change in quantity demanded is represented by a _______ t
Phoenix [80]

Answer: shift of; movement along

8 0
3 years ago
What step is NOT likely to reduce possible attacks to an organization: Select one: a. Restart the Active Directory database b. I
natulia [17]

Answer:

The correct answer would be option A, Restart the active directory database.

Explanation:

When there is an attack on organizational data or information systems, there are many measures that need to be taken to avoid such attacks to make sure that these attacks don't happen again and to check that all systems are working correctly or not. So in this regard, option A is the most appropriate one, because restarting a database will not help in reducing the possible attacks to an organizational data or information systems. Anti virus spyware, installing firewall and ensuring the working of all patches for an operating system and application are more important tasks to do in such situation.

3 0
3 years ago
Read 2 more answers
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