Answer:
d) debit to cash for $8,820
Explanation:
The Journal entry is shown below:-
Cash Dr, $8,820 ($9,000 - 2% × $9,000)
To Accounts Receivable $8,820
(Being is recorded)
Here we debited the cash as increases the assets and credited the accounts receivable as it decreases the assets.
Working note:
Net sales = Sales - Sales returns
= 10,000 - $1,000
= $9,000
Answer:
True
Explanation:
Collateral is an asset used as a guarantee or security for the payment of a loan. It assures the lender that a borrower will pay back the loan.
If an entrepreneur applies for a business loan, the bank will most likely demand collateral. The entrepreneur will need to offer an asset, either property or motor vehicle, that will act as a guarantee for the loan. Should the entrepreneur fail in repayment, the bank can sell the asset to recover their money.
Few, if any, will lend anyone money based on a business idea alone. Many banks will demand a business proposal to be backed with some guarantee to secure funding.
I think the answer is
C)Availability
B)Integrity
Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.
Hope this helps!
The answer for this question is: <span>Competition tends to drive down prices and improve quality
When free trade exist, every businesses must heavily compete in order to win the customers' favor.
In order to obtain the favor, a couple of things that they could do are lowering their price in comparison to their competitor and improve the products that they made.</span>
