Answer:
Sales and collection process
At the point when items and administrations are sold by a firm to its clients and consequently the clients pay for the item and administrations, it is a procedure which includes deals just as an assortment. The deals and assortment process covers all the business exercises identified with selling of item and administrations, upkeep of client records, charging and recording installments made by the clients. Overseeing accounts receivables through maturing accounts and approving credit likewise goes under deals and assortment process.
In deals and assortment process all the bookkeeping exchanges are created that record deals income, accounts receivables and receipts in real money. This procedure likewise influences those association's expenses of products sold and stock that participate in selling stock. Deals are commonly made in kind of money or credit. It might likewise incorporate deals charge.
At the point when a deal is made in kind for money, the parity of money increments and when using a credit card, the records receivables are made which is the cash that is owed to the firm from deals of item and administrations. Lastly, when a credit client pays money, the money balance increments and records receivables are decline by the sum paid.
- Accepting a request for deals from a client doesn't make any records receivables. In the wake of getting the request the items are created first and afterward conveyed. A short time later the receipt is created and ultimately, sent to the client. Thus, option a is incorrect.
- When selling is done, the clients are charged according to the statements chose the two gatherings and afterward in the wake of sending receipt the assortment is made. Thus, option c is also incorrect.
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Recording of installment is made. at the point when clients really pay the measure of deals whether deals is made in real money or credit. Thus. option d is also incorrect.
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The alternative e expresses that none of the choices delineates the movement in regard to the making of records receivables which is additionally off base in light of the fact that the one choice is right out of the all choices.
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At the point when the arranged completed merchandise are dispatched to the client and deals is using a loan, at that point the record receivables is made subsequent to sending the receipt to the clients. Thus, the correct option is option B
I bond interest is calculated using so-called composite rates based on a fixed interest rate and an inflation-adjusted rate, which we describe in depth below. I bonds earn interest monthly, though you don't get access to the interest payments until you cash out the bond.
<h3>How long do I bonds earn interest?</h3>
I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.
But if you cash them before five years, you lose the previous three months of interest.
<h3>Is an I bond a good investment?</h3>
The annualized rate on the I bond is a record 9.62% through October 2022. “This is a fabulous investment,” said Orman, who started investing in I bonds in 2001. Backed by the U.S. government, the bond doesn't lose value. Its variable rate is set every May and November.
Learn more about bonds interests here:
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Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.
<h3>Which city should Kari see?</h3>
Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.
- The first step is to convert the amount budgeted to Euros: 585 x 0.6859 = 401.25
- Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
- Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
- Total cost of the sightseeing = £48.74 + £77.77 + £68.77+ £95.41 + £49.69 + £60.85 = £401.25
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