1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliina [53]
3 years ago
11

Journalize the following merchandise transactions, using the net method under a perpetual inventory system.

Business
1 answer:
Olenka [21]3 years ago
6 0

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

Debit : Cash  $16,200

Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

You might be interested in
Lauren had a listing agreement with Florence, a Minnesota real estate broker. After Lauren's agreement with Florence ended, she
Law Incorporation [45]

Answer:

A

Explanation:

5 0
3 years ago
Diversity in work groups can create conflict, so managers should try to minimize diversity when assigning people to teams.T/F
Ostrovityanka [42]

The given statement is False.

Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.

Explanation:

Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.

People can be considered diverse on the basis of

  • Ethnicity
  • Race
  • Gender
  • Age
  • Physical Abilities
  • Cultures
  • Status
  • Religion
  • Political beliefs, etc.

So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.

Learn more about diversities at:

brainly.com/question/11427393

brainly.com/question/1446827

#LearnWithBrainly

7 0
3 years ago
The following transactions occurred during May, the first month of operations for Hunter Products, Inc: * Issued 54,000 shares o
Montano1993 [528]

Answer:

$414,000

Explanation:

Calculation of balance of cash account:

Issuance of capital stock to the        $648,000

owners of the corporation  

Cash down payment for purchase   ($170,000)

a piece of lane

Cash payment on the note payable <u>($64,000)</u>

from the purchase of land

Balance in the Cash account           $414,000

at the end of May

7 0
3 years ago
A statement of cash flows helps answer all of the following:
Lina20 [59]

Answer:

1. What explains the changes in the cash account?

2. Where does a company spends its cash?

4. How does a company receives its cash?

Explanation:

The Cashflow statement deals with the cash transactions of the company with a view to know how actual cash moves through the company. As a result, it can answer questions related to the cash transactions of the company.

This includes:

  • Why there were changes in the cash account because it shows what activities brought in cash and which took cash.
  • Where the company spends its cash because those entries will be shown.
  • Where the company gets its cash as well.
6 0
3 years ago
What can you tell me about Google's Supply Chain Management ?(10 Marks)
Fiesta28 [93]

Answer:

The answer is below

Explanation:

With suppliers across over 60 countries all around the globe, Google continues to organize its supply chain quite efficiently.

Hence, Google’s supply chain management can be summarized in the following key points:

1. Getting reliable suppliers: Google ensures they work with trustworthy suppliers by conducting robust appraisal based on a variety of factors, such as country-specific risk, product-specific risk, suppliers' past records, supplier relationships, etc.

2. Suppliers code of conducting business: this involves social and environmental responsibility and as well as safe working conditions for suppliers' employees.

3. Effective Management of Suppliers Diversity: Google identifies and supports all forms of suppliers' community, regardless of countries, gender, age, disability status, or even sexual orientation of the suppliers. This implies that Google keeps respecting and valuing the contribution of every associated with its supply chain in any capacity.

4. Promoting Tools and Techniques to Supports Suppliers: Google prioritizes training and energy conservations, cost reductions, and product enhancement, for its suppliers, which contribute to easy access to clean and renewable energy.

6 0
3 years ago
Other questions:
  • Food should be stored at least which distance from the floor?
    14·1 answer
  • In many organizations, marketing does not have a place of importance in the organizational hierarchy. Why do you think this happ
    6·1 answer
  • At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end o
    13·1 answer
  • Al-qaeda linked units have shifted much of their focus from the middle east to africa. this is the case especially of the recent
    9·1 answer
  • The most powerful of the five competitive forces is usually: Select one: a. The competitive pressures that stem from ready avail
    9·1 answer
  • The stockholders' equity of TVX Company at the beginning of the day on February 5 follows.
    9·1 answer
  • The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the q
    9·1 answer
  • *80 points* Introduce a blog owner (a company, organization, or school). Analyze a professional blog owned by a company or by a
    5·1 answer
  • Marlena, the human resource manager, is putting together a package describing the new job opportunity available at her company.
    7·1 answer
  • What‘s the main reason our culture has normalized credit cards over the past 60 years?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!