Answer:
b. debit warranty expense $10,000; credit estimated warranty liability $10,000
Explanation:
The journal entry to record the estimated warranty expense is shown below:
Warranty Expense Dr $10,000 ($200,000 × 5%)
To Estimated Warranty Liability $10,000
(being the warranty expense is recorded)
Here the warranty expense is debited as it increased the expense and credited the estimated warranty liability as it also increased the liability
Therefore the option b is correct
The statements about trade that is false is that with trade, one country wins and country loses. The appropriate response is option B.
<h3>What is trade?</h3>
The act of trading involves parties exchanging products and services for mutually beneficial ends. Trade helps people and nations to live better lives and improve their economic conditions.
Trade is crucial for maintaining a competitive global economy because it promotes innovation and supports the specialization of markets while also driving down international pricing for goods.
The capacity to trade also gives one access to products and services that may be more affordable and of greater quality than those found domestically. Alternative commerce gives the world's poorest countries a way out of poverty.
To learn more about trade
brainly.com/question/27622280
#SPj2
Answer: d. charge a high price to high-value consumers and a low price to low-value consumers
Explanation: Price discrimination as a selling strategy involves charging customers different prices for the same product or service. It is often based on what the seller thinks they can get the customer to agree to and that customers can be asked to pay more or less based on certain demographics or on how they value the product or service on sale. Therefore, for a firm to maximize total profits through price discrimination, it should charge a high price to high-value consumers and a low price to low-value consumers.
Answer:
Determine how much cash was paid on accounts payable during October.
321500
Determine the amount of sales on account that occurred in October
102610
Determine how much cash the company had at the close of business on September 30
26250
Explanation:
Account Payable
sep-30 166000 +
Purchases 295000 +
Paid x= 321500 -
oct-31 139500 -
Accoun Receivable
sep-30 109500 +
Collected 109890 -
credit sales x= 102610 +
oct-31 103000 +
Cash
sep-30 x= 26250 +
Cash receipts 116500 -
Cas disbursment 117150 +
oct-31 25600 +
