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
mihalych1998 [28]
3 years ago
10

What is the source document for payment on account​

Business
1 answer:
Pie3 years ago
7 0

Answer:

RECEIPT

Explanation:

Receipt is an evidence of making the payment on account of any business transaction. This source document is prepared for showing the proof of giving any cash to the party (who receives the cash) on account of any business transaction.

You might be interested in
Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.84. Suppose that in Year 1, disposable in
Ede4ka [16]

Answer:

$64,48 billion

Explanation:

marginal propensity ( MPC ) = 0.84  i.e ratio of disposable income to consumption is $1 to 84 cent

YEAR 1 disposable income = $412 billion

year 1 consumption =  $368 billion

year 2 disposable income = $540 billion

calculate the level of saving in year 2

from given data

consumption = Co + 0.84 * 412

368 = Co + 346.08

therefore Co = 21.92

therefore for year 2

Consumption = Co + 0.84 * 540

                     = 21.92 + 453.6 = $475.52

hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion

8 0
4 years ago
Apart from Amazon, the top online retail firms in terms of online sales are all primarily ______ firms.
Romashka [77]

Answer:

omni-channel is the correct answer.

Explanation:

3 0
3 years ago
Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by d
Bingel [31]

Answer:

d. ​ Skippy’s demand for peanut butter increases today.

Explanation:

The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.

In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.

6 0
3 years ago
Bruner Stores wants to have 500 shovels in ending inventory on December 31. Budgeted sales for December are 1,950 shovels. The N
Bas_tet [7]

Answer:

Purchases =  2100 shovels

Explanation:

given data

ending inventory = 500 shovels

Budgeted sales = 1,950 shovels

inventory = 320 shovels

to find out

How many shovels should Benson Stores purchase for December

solution

we know here ending inventory formula that is express as

Ending inventory  = Beginning inventory + Purchases - Sales   .......................1

put here value we will get Purchases

so that

500 = 320 + Purchases - 1950

Purchases =  500 + 1950 - 350

Purchases =  2100 shovels

7 0
3 years ago
How are laws of supply and demand similar
xz_007 [3.2K]
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. ... But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Jerry and the team working on the Roger Tire company marketing research project are developing ways to test their hypothesis tha
    14·1 answer
  • Describe a product you know of that has elastic demand. Why is the demand for this product elastic?
    6·1 answer
  • One reason forever green lawn service uses __________ segmentation is because finding new customers is costly.
    5·1 answer
  • g on january 1 playa company acquires 90 percent ownership in seaside corporation for 180,000 the fair value of noncontrolling i
    9·1 answer
  • _________ is formed when a firm entering a market pools its resources with those of a local firm. (more control, more risk relat
    8·1 answer
  • The short-run economic outcome resulting from the increase in production costs is known asstagflation . Now suppose that the gov
    13·1 answer
  • Do you believe that managers today are using more boss- or subordinate-centered leadership styles?
    10·1 answer
  • Pronghorn Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer worth $3,498. Pr
    13·1 answer
  • Davis is planning to buy a bike. He has the full amount in his bank account. He does not want to pay any interest on his purchas
    11·1 answer
  • El 5 de diciembre se solicitó un préstamo por USD.275,000, negociado al 6.5%
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!