The purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
<h3>What is the purchase amount to be recorded?</h3>
The purchase amount that should be recorded on the date of purchase is the amount of the transaction. This does not take into account the return and discount which happened later.
This implies that Icon Co. will reduce the purchase amount on April 4 when half of the goods were returned with a contra entry. And discount will be based on the balance of $2,000 instead of $4,000.
<h3>Data and Calculations:</h3>
Purchase on April 2 = $4,000
Purchases Return on April 4 = $2,000
Thus, the purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
Learn more about recording credit purchases at brainly.com/question/5651500
A worker's success in contributing to the common good is determined by how well one does his or her job. One way is to pay tax contributions properly. Another way is to be proactive and open-minded with regards to work. Lastly, they must also know how to motivate others.
Answer:
The correct answer is letter "D": personal relations and goodwill are valued in Titania.
Explanation:
High-context cultures are those that rely on non-verbal and implicit communications. It makes interpersonal relationships and traditions essential to understand what they are trying to transmit. In such cultures, goodwill is highly valuable, as well. Countries like Japan and China are considered high-context cultures.
Answer:
useful life= 12 years
Explanation:
Giving the following information:
Purchase price= $140,000
Salvage value= $20,000
Annual depreciation= $10,000
<u>To calculate the useful life, we need to use the straight-line method formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
10,000= (140,00 - 20,000) / useful life
10,000useful life = 120,000
useful life= 120,000 / 10,000
useful life= 12 years
Networking skills,organization skills, listening skills, and speaking skills hope that helps
