Answer:
Cost of the inventory kept by Zephron Music is $3495
Explanation:
<u><em>Zephron Music purchased inventory for $4,400 and also paid a $260 freight bill</em></u>
Inventory $4660 (debit)
Trade Payable $ 4400 (credit)
Bank $260 (credit)
Recognise an Asset - Inventory and De-recognise asset - Bank
<u><em>Zephron Music returned 25% of the goods to the seller, took a 1% purchase discount</em></u>
Trade Payable $1212
Inventory $1165 (credit)
Discount Received $47 (credit)
Therefore Inventory Balance = $4660-1165 = $3495
Answer and explanation:
The budgeted balance sheet is an accounting report stating the current period's initial balance for each account according to the results of the previous period. After that, managers consider the investment and expenditure plans for the current period to schedule the company inflows and outflows. Finally, government policies are taken into consideration to find out how they can affect the company's projection in the short and long run.
Answer:
Bad debt expense $11,320 ($283,000 × 4%)
To Allowance for doubtful debts $11,320
(being the bad debt expense is recorded)
Explanation:
The journal entry is shown below:
Bad debt expense $11,320 ($283,000 × 4%)
To Allowance for doubtful debts $11,320
(being the bad debt expense is recorded)
For recording this given transaction, we debited the bad debt expense as it increases the expenses account and at the same time it decreases the account receivable so the allowance would be credited so that the proper posting could be done
Another word for interpersonal communication is FACE TO FACE COMMUNICATION. The correct option is A.
Interpersonal communication is a face to face communication process through which people exchange information and express their feelings either verbally or non verbally. Interpersonal communication is a two way communication and the skill of listening is very important in this type of communication. Face to face communication plays a crucial role in building up and maintaining relationships with people. It is a very important concept which one must master in order to be a good team player and a sociable person.
Answer:
sales orientation
Explanation:
Sales Orientation -
It is the business method to make profit just by selling the products to the customer rather than considering the needs of the customer , is known as sales orientation .
This method is adapted by to increase the profit margin.
Hence , from the question , the company is using , sales orientation .
