Answer:
Hackers probably and even if only one person leaks something, it'll travel fast.
Explanation:
I think it woul be better off. Exporting goods makes more money that importing them because you are making goods to be sold in other countries. Importing goods from other countries generally means people have to spend more due to shipping and handling.
Answer:
Mar 1 Cash 15000 Dr
Common Stock 15000 Cr
Mar 5 Cash 7800 Dr
Note Payable 7800 Cr
Mar 10 Equipment Account 19000 Dr
Cash 19000 Cr
Mar 15 Advertising expense 1000 Dr
Cash 1000 Cr
Mar 22 Accounts Receivables 16800 Dr
Service Revenue 16800 Cr
Mar 27 Cash 11800 Dr
Accounts Receivable 11800 Cr
Mar 28 Salaries Expense 4800 Dr
Cash 4800 Cr
Explanation:
Mar 1 The issuance of common stock will bring in cash so cash account will be debited and common stock, which is capital, will be credited.
Mar 5 The notes signed is a liability and will be credited as liability increases and the cash received will be debited.
Mar 10 The purchase of equipment against cash is an increase in equipment which is an asset so it will be debited and cash will be credited
Mar 15 The advertising is an expense and as it is increasing it will be debited and cash will be credited.
Mar 22 The provision of services on account will increase accounts receivable and service revenue. The revenue will be credited and receivables, which are asset will be debited.
Mar 27 The receipt of cash against receivables will be debited as cash increases and credited in receivables account.
Mar 28 The payment of salaries is an expense.
Answer:
Credit to Accounts Receivable for $2,000
Explanation:
Preparation of the Journal entry
Based on the information given we were told that the Merchandise sold have a terms of 2/10, n/30, which is been recorded by debiting Accounts Receivable as well as crediting Sales for the amount of $2,000 which means that If the payment occurs on January 21 the Journal entry would include Debit to Accounts Receivable for $2,000
Dr Cash 1,960
(2,000-40)
Dr Discount on bills receivable 40
(2,000*2%)
Cr Accounts receivable 2,000
B is the correct answer. You want to show the interviewer that you are taking the interview and future job/anything else very seriously.
