A.) has to be paid by the debtor
Answer:
Dr Cash $825
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
Explanation:
Preparation of the journal entry that Concord Company make upon receipt of the check
Dr Cash $825
($800+$25)
Cr Sales Returns and Allowances $800
Cr Sales Discounts $25
(To record receipt of the check)
Sales discount=(Sales Price -Sales return) × 1%
Sales discount=($3300 - $800) × 1% = $25
Answer:
$685
Explanation:
<u>Workings</u>
Cost of new automobile = $33,000
Financing rate = 9%/ annual or 0.75 / month
Period of payment = 60 months
1st month payment = (33000/60 ) + (33000*0.75%)
550+247.5 = 797.5
Closest amount here is $685
Answer:
It's blur can u repost it so that i can see it
<span>The demand for wheat would increase by 0.2 percent. Income elasticity indicates how much demand for something increases or decreases when income goes up or down. It is the calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.</span>
