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sineoko [7]
3 years ago
14

Rubin Enterprises had the following sales-related transactions on a recent day:

Business
1 answer:
spayn [35]3 years ago
8 0

Answer:

Transaction a

Debit  : Account Receivable $27,500

Credit : Sales Revenue $27,500

Transaction b

Debit  : Cash $5,875

Credit : Deferred Revenue $5,875

Transaction c

Debit  : Sales Revenue $1,500

Credit : Account Receivable $1,500

Transaction d

Debit  : Deferred Revenue $5,875

Credit : Sales Revenue $5,525

Credit : Discount received $350

Explanation:

The journals have been prepared above.

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What should designers gain from a critique that will enable them to improve their work?
Brilliant_brown [7]

Answer:

A designer gains a list of actionable items to improve the design from the critique.

Explanation:

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Which of the following is not a key component of the merger model we walked through in the course?
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An accretion/dilution and sensitivity analysis

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6 0
2 years ago
On November 30, 2020, a U.S. company purchased merchandise on credit from a Swiss supplier at an invoice price of CHF1,000, when
Ivanshal [37]

Answer:

The merchandise should be reported on the U.S. Company's December 31, 2020 balance sheet at:

b. $1,050

Explanation:

a) Data and Calculations:

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b) The inventory should be reported on December 31, 2020 at $1,050.  It does not need to be reported at a value above or below this.  Even, the debt owed to the Swiss supplier will be reported at this price.  It is when payment for the invoice is being made on February 1, 2021 that consideration will be given to the exchange rate at which payment is made.

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