There are many concerns that gap employees because of its social stance.
Gap employees may not be convinced there efforts are the one that took the organisation and making the environment a better working place. Workers have filed a problem in case of female abuse and behaviour.
The monitoring system does not guarantee a full proof security system. They have lodged more complaints about harrassment. It also shows in affectiveness in terms of operations.
The effects are made in supply chain relations only just to improve the production process but all the organisation that want its employees to work in safer environment.
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Answer:
$7million understated
Explanation:
Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.
Answer:
a deficit budget
Explanation:
A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.
An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.
B. To help determine how much inventory to keep in stock of each item in the outlet, I would consider two factors. The first one is the <u>certain amount of each item type </u>in the first week - determining the number of each items input in the stock to be the original data to compare. The second is the <u>number of items sold and still on stock</u>. This would help determine invetory to keep in stock.
B. If I was running a store, I would prefer to use the pick up at store buying method. There would be cashier at the register to check the products and bills as well as receive money from the customers. This is the traditional and still always the most common methods. As the fact that people nowadays still like shopping in physical store, this is definitely the most effective method.
C. The inventory control method I would use when operating a store is to adopt modern technology like bar code to control the inventory stock. By using this technology, I would need to consider the <u>bar code</u> for each type and establishing <u>software</u> to automatically input the information about the number of items sold and in stock. With inputting the number of total items at the beginning and giving each item its corresponding bar code, the sales or number of stock would be tracked by the software.
D. An example of two commodities to be displayed together at store is <u>pencil and rubber</u>. Pencil and rubber undoubtedly are complementary products of each other. Complementary products are made to be used together. Each item requires the other for their complete uses. This is also the case of Rubber and Pencil and each item would not be fully used without the presence of the other.
Answer and Explanation:
The computation is shown below:
a.
The amount of the adjusting entry for bad debt expense should be
= $45,000 + $5,400
= $50,400
The journal entry should be
Bad Debt Expense Dr. 50,400
To Allowance for Doubtful Accounts Cr. 50,400
(Being the bad debt expense is recorded)
b.
Accounts Receivable 675,000
Allowance for Doubtful Accounts 45,000
Bad Debt Expense 50,400
c.
Accounts Receivable 675,000
Less: Allowance for Doubtful Accounts (45,000)
Net realizable value of accounts receivable 630,000
