The appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
<h3>Journal entry</h3>
Based on the information given the correct entry to record this transaction is:
Debit Cash $1313
{$1300+[($1300×4%)-($1300×3%)]}
[$1300+($52-$39)]
Debit Sales Discount $39
($1300×3%)
Credit Accounts Receivable $1352
[$1300 + ($1300×4%)]
Inconclusion the appropriate journal entry is:Debit Cash $1313; debit Sales Discount $39; credit Accounts Receivable $1352.
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Ignoring some safety regulations in order save $1 Million per day. The amount that those violations end up costing the company is $100 Billion.
<h3>What is safety regulation?</h3>
Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.
Based on the given scenario ignoring the safety regulation so as to save $1 million per day will cost the company $100 Billion.
Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .
Inconclusion the amount that those violations end up costing the company is $100 Billion.
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<span>Salary is the correct answer. </span>
Answer:
Excess demand
Explanation:
The equilibrium price is the price at which demand equals supply.
If price is below equilibrium price, it means the price is lesser than the equilibrium price, therefore the quantity demanded would increase.
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
If price is below equilibrium price, the quantity supplied would fall.
I hope my answer helps you.
