Answer:d. $44,100.
Explanation:
The net method is a way a company or firm records its customer's invoice. Under the net method of Accounting for purchases, The record of purchases are recorded considering the cash discount.
Therefore
Purchase price = $45000
Cash Discount at terms 2/10 n/30
$45000 x 2% = $45,000 x 0.02 =$900
Net purchase price = $45000 - $900 = $44,100.
The journal to record the inventory purchased on account using the net method will be
Accounts Titles Debit Credit
Inventory $44,100.
Accounts payable $44,100.
Answer:
Because it provides support but no tangible goods. ... Because it provides tangible goods
Explanation:
Answer:
A company has designed a new product and tested the prototype. What is the next step in product development ? Test - market the product.
Explanation:
Answer option A) Test - market the product.
Answer:
c. Emphasis on ethics
Explanation:
Sean has been tasked with developing a ethical mission statement with a view of reassuring customers on predatory lending practices.
This is a renewed emphasis on the ethics of the company and by so doing it will reassure the company is aware of the ethical practice in this regard and that they are pledging to act ethically.
Ethics is defined as the process of systemising and recommending concepts of right and wrong. It is also called moral philosophy.
Answer:
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