Answer:
$182300
Explanation:
$182300
September credit sales account for 40% of October accounts receivable since it will be paid one month following sales
October credit sales will account for 50% of account receivable since it is paid in the month of sale
the calculation has been done in the attachment for further explanation
Answer:
A- Gill, a credit customer
Explanation:
A journal entry involves the process of keeping the records of business transactions made by an organization.
Journal entries are mainly used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.
A sales ledger can be defined as an accounting book that comprises of the individual account of each customer of a business firm and records the money received for goods or services purchased, whether the payment has been received or not.
Simply stated, a sales ledger sequentially records all sales that have taken place in a business, whether or not payment have been received.
This ultimately implies that, a sales ledger contains accounting information on all sales transaction made by a company including, money received for its goods and services and money owed by its customers.
Hence, the account which will appear in the sales ledger is that of Gill, a credit customer.
Answer:
Explanation:
Base on the scenario been described in the question, we use the following method to solve the question
d = 75 lbs/day 200 days per year
D= 15,000 lb/year H= $3/lb/year S= $16/order
Answer:
The answer is monetary policy
Explanation:
Monetary policy is an economic policy that manages the size and growth rate of the money supply in an economy. It is a powerful tool to regulate macroeconomic variables such as inflation, consumption, growth and liquidity.
Answer:
Gross Impressions
Explanation:
Gross impressions represent the total number of households or individuals that is represented by a given media schedule. It is the impression that an advertisement gets. It is the total sum of audiences that is individuals or households that is exposed to the same commercial or program on multiple occasions. It is different to gross rating points. The latter deals with the number of impressions while the former deals with the number of audiences.
In this case, gross impressions
= Audience × number of ads
= 115000 × 16
= 1840000
