Answer:
a. Cash 7,000 Accounts Receivable 7,000
Explanation:
As for the information provided, the payment is received for a sales made in last month, and thus entry at the time of sales shall be:
Accounts Receivables A/c Dr. $7,000
To Sales $7,000
Therefore, when the amount is collected today it will increase cash by debiting cash for the same amount.
Further, balance of accounts receivables will be decreased by crediting such account.
Therefore, correct option is
a. Cash 7,000 Accounts Receivable 7,000
Hewlett-Packard’s account receivable was at $13.8 billion at
the end of year 2014 and was at $13.4 billion at the end of year 2015. The accounts
receivable was down 5 days year over year to 44 days for 2014 while it was down
3 days year over year to 47 days.
Answer:
b. societal marketing concept
Explanation:
Societal marketing concept -
It refers to the marketing concept in the society , where the welfare of the human beings is considered to as the most important aspect .
In this practice , the social responsibility like any health issue , social issue is the top most priority .
The practice require making good marketing decision which are in favour of the consumers , and helps the company and the humans in the long term way .
Hence , from the given scenario of the question ,
The correct answer is b. societal marketing concept .
C goods industries hope I helped