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3 years ago

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Business

1 answer:

Sergio039 [100]3 years ago

5 0

Answer:

Statue of limitations

Explanation:

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Presented here are selected transactions for the Leiss Company during April. Leiss uses the perpetual inventory system.

olga2289 [7]

Answer:

April 1

Trade Receivable - Mann Company $5,500 (debit)

Revenue $5,500 (credit)

Cost of Goods Sold $2,500 (debit)

Merchandise $2,500 (credit)

April 2

Merchandise $9,000 (debit)

Trade Payable - Wild Corporation $9,000 (credit)

April 4

Merchandise $1,000 (debit)

Trade Payable - Ryan Company $1,000 (credit)

April 10

Discount Allowed $110 (debit)

Trade Receivable - Mann Company $110 (credit)

Cash $5,390 (debit)

Trade Receivable - Mann Company $5,390 (credit)

April 11

Trade Payable - Wild Corporation $9,000 (debit)

Cash $9,000 (credit)

Explanation:

Note : Leiss uses the perpetual inventory system

Therefore,

Recognize the Cost of Goods Sold with each sale that is made.

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3 years ago

Investment bankers perform all of the following functions except: a purchase securities from issuers on a principal basis b sell

ArbitrLikvidat [17]

Investment bankers perform all of the following functions except manage mutual funds.

<h3>Who is an investment banker?</h3>

Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.

Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.

Hence, Investment bankers perform all of the following functions except manage mutual funds.

Learn more about investment banker here : brainly.com/question/12301548

#SPJ1

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3 years ago

Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?

Elenna [48]

Which statement is generally true of an investment that is highly volatile but has superior, long-term real rates of return?
<span>
It has low liquidity because selling would often require selling at a loss.

High volatile investments are investments that always fluctuates in the market. It can generate you very high income or very low income. It has low liquidity because when you sell it right away, you tend to sell at a loss.</span>

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3 years ago

Which styles of handling conflict is most appropriate whenever there is enough time, trust can be established, the issue is impo

LUCKY_DIMON [66]

Answer: the answer is confrontation

Explanation:

Confrontation is a style of conflict resolution whereby all the conflicting groups brings all the issues in the open in an attempt to resolve the conflict.

Its is most effective when the groups need to cooperate to get the jib done effectively and there is a maximum level of trust among the group.

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3 years ago

Freee points and brainliest!!

kaheart [24]

Answer:

hey thanks again , you are the points giver

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3 years ago

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