How should sales promotion decisions be made?

The ledger of Windsor, Inc. at the end of the current year shows Accounts Receivable $84,000; Credit Sales $830,000; and Sales R

ira [324]

Answer:

The answer is given below;

Explanation:

a. Bad Debt Expense Dr.$800

Account Receivable Cr.$800

b. $84,000*11%= $9,240

Credit balance in trail balance ($1,450)

Total $7,790

Bad Debt Expense Dr.$7,790

Account Receivable Cr.$7,790

C. Debit Balance $400

84,000*9%= $7,560

Total $7,960

Bad Debt Expense Dr.$7,960

Account Receivable Cr.$7,960

8 0

3 years ago

do you think that someone could be a good systems manager but a poor project manager? what about the reverse situation? please s

8_murik_8 [283]

A very good structures manager but a negative assignment manager: A structures supervisor’s responsibility is targeted at managing and retaining the hardware and software assets of the organization. This position may additionally need the manager to enforce installation and operations tasks on the IT systems.

Approximately the opposite situation: in the opposite situation, an undertaking manager can be operating in special domains.

The definition of a manager is someone chargeable for supervising and motivating employees and for steering the progress of a corporation. An instance a supervisor is a person who is in fee of customer service deals with purchaser disputes and oversees and supervises customer service agents.

To the maximum essential degree, control is an area that consists of hard and fast five fashionable features: planning, organizing, staffing, leading, and controlling. these 5 capabilities are part of a body of practices and theories on how to be a successful manager.

Learn more about manager here: brainly.com/question/24708179

#SPJ4

5 0

1 year ago

Berkshire Inc. uses a periodic inventory system. At the end of 2020, it missed counting some inventory items, resulting in an in

grandymaker [24]

Answer:

Assets understated by $660,000, liabilities understated by $198,000, and shareholders' equity understated by $462,000

Explanation:

Calculation to determine the effect of this error on Berkshire's December 31, 2020 balance sheet

BERKSHIRE'S December 31, 2020 balance sheet

Assets=$660,000 Understated

Liabilities=$198,000 Understated

Shareholders' equity = $462,000 Understated

($660,000-$198,000)

Therefore the effect of this error on Berkshire's December 31, 2020 balance sheet will be:

Assets understated by $660,000, Liabilities understated by $198,000, and Shareholders' equity understated by $462,000

7 0

3 years ago

On January 1, 2019, Wildcat Company purchased $100,000 of 6% bonds at face value. The market rate of interest was 8% bonds of si

Travka [436]

Answer:

Part 1

<em>journal entry to record the investment in the bonds.</em>

Debit : Investment in Bonds $90,000

Credit : Cash $90,000

Part 2

<em>journal entry to record the first interest payment at the effective (market) rate.</em>

Debit : Investment in Bonds $7,200

Credit : Interest Income $7,200

Explanation:

The Summary of the Bond is :

FV = $100,000

PMT = ($100,000 x 6%) ÷ 2 = $3,000

I = 8 %

PV = - $90,000

P/YR = 2

N = ?

Using a Financial Calculator, the number of period payments to maturity N is 13.02.

Effective Interest = $90,000 x 8 % = $7,200

8 0

3 years ago

In a _____ there are few if any taxes placed on good unloaded from other countries.

GREYUIT [131]

In a free port, there are few if any taxes placed on good unloaded from other countries. Free port means is called as bonded area. This area have lesser custom regulation that's why fewer taxes is charged on the goods.

8 0

3 years ago

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