Answer:
Journal Entry are given below
Explanation:
solution
Journal Entry are as
PERPETUAL INVENTORY SYSTEM
debit credit
(1) March 2, Merchandise inventory $800,000
Borst Company $800,000
( record Inventory purchase )
(2) March 6,
Borst Company $140,000
Merchandise inventory $140,000
( record goods return )
(3) March 12,
Borst Company (800000-140000) $660,000
Cash (800000-140000) ×98% $646,800
Merchandise inventory $13,200
(800000-140000)× 2%
( record goods return )
Answer:
debit Accounts Receivable $350 and credit Unearned Service Revenue $350
Explanation:
The bookkeeper incorrectly made the following journal entry:
Dr Cash 350
Cr Accounts receivable 350
The correct entry should have been:
Dr Cash 350
Cr Unearned revenue 350
So the adjusting entry should be:
Dr Accounts receivable 350
Cr Unearned revenue 350
Translation or specification gaps emerge when you focus too intently on industry standards or internal capabilities that are not aligned with customers’ real needs is true.
Hard and fast standards inside an industry regarding the usual functioning and sporting out of operations in their respective fields of production. In other words, it is the usually widespread necessities accompanied by the aid of the participants of an enterprise.
Exceptional enterprise requirements approach the standards which fall inside the top quartile inside the relevant enterprise for the supply of similar services which might be notably similar to the services or the relevant part of them, having regard to factors that include the nature and length of the events.
The primary purpose of industry standards is to make exceptional products compatible with every other and to make certain customers that they can thoroughly mix and suit products from exclusive brands. They pressure enterprise innovation, and price discounts and permit an expansion of value-effective, simple-to-use, holistic solutions.
Learn more about industry standards here brainly.com/question/1327488
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She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
Answer:
Computer; $ 3800
Printer; $3150
Desk; $4000
File Cabinet; $3200
Explanation:
First we need to determine how to determine the depreciable basis for the asset.
The basis of assets converted from personal use to business use in terms of depreciable amount is the lesser of (1) fair market value on date of conversion or (2) basis on the date of conversion (the cost price)
Now we apply this to the following assets
Computer: Depreciable base of $ 3800 ( FMV < Purchase price )
Printer: $3150 ( FMV < Purchase price )
Desk: $4000 ( FMV < Purchase price )
File Cabinet: $3200 ( FMV > Purchase price )
