Answer:
D) Cash 45,540 Accounts receivable 45,540
Explanation:
The journal entry is shown below:
Cash A/c Dr $45,540
To Accounts receivable A/c $45,540
(Being cash is received in respect of goods sold)
The computation is shown below:
= Sold value of supplies - the sold value of supplies × discount percentage
= $46,000 - $46,000 × 1%
= $46,000 - $460
= $45,540
Since the net method is used so we debited the cash account and credited the account receivable account.
Answer:
Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products
Explanation:
The question is: Which scale rating describes the greatest number of student and how many student responded with this rating.
From the frequency distribution table attach to the question, the scale rating with the highest number of student is 7 out of 10 and the number of students that responded with this rating is 27 students.
I would say 33.. But im not 100% sure
Answer: $7,500
Explanation:
In calculating the Incremental income we will add the amount of variable Manufacturing costs Rory Company will save as well as the income they will get from selling the old machine and then subtract the cost price of the new machine.
Starting off we will calculate the amount of savings they will make by using the new machine,
= $12,000 x 5 years
= $60,000
Calculating the Incremental income therefore we have,
= 60,000 + 60,000(from selling old machine) - 112,500 (cost of new machine)
= $7,500
The incremental income of buying the new machine is $7,500.
If you need any clarification do comment.
