Answer:
<em>SNIPES BOOKS</em>
<em>June 8th</em>
Accounts Receivables 18,250 debit
Sales revenue 18,250 credit
COGS 10,400 debit
cash 400 credit
merchandise inventory 10,000 credit
Sales returns 5,000 debit
Accounts Receivables 5,000 credit
Merchandise Inventory 3,000 debit
COGS 3,000 credit
Cash 12,985 debit
Sales Discount 265 debit
Account Receivables 13,250 credit
Explanation:
Snipes will pay the freight as the term are FOB destination, which means the goods are still theirs until they arrive. Therefore it must take all thecost of transportation.
Balance of Beejoy account regarding Snipes company
Purchase - returned goods = balance at payment
18,250 - 5,000 = 13,250
13,250 x 2% = 265
net amount due: 12,985
The statement that describes the result is At that price, quantity demanded exceeds quantity supplied. This is because the quantity of the demanded product from the consumer has higher range than the amount of supply from the market. This can results into shortage
Answer:Implied Warranty of Merchantability
Explanation:An implied warranty for merchantability guarantees that a product will work as expected. If your oven can't maintain a stable temperature, it can't be relied upon to work properly and has violated the implied warranty of merchantability. Under the Uniform Commercial Code, adopted in some form in all states but Louisiana, this warranty applies to the goods of any merchant who regularly deals in the type of merchandise sold.
The warranty guarantees that the product sold will:
Pass without objection in the trade
Be of uniform quality and quantity
Be fit for its ordinary purposes
Be adequately packaged and labeled
Conform to its labels.
Depends upon what you call entry level jobs and where you're at i've seen anything from 30k to 70k
Current market conditions
