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Pavlova-9 [17]
3 years ago
15

in partnership businesses.if one partner withdraws part of his salary. How to record it in appropriation account and Current acc

ount.??Accounts​
Business
1 answer:
tester [92]3 years ago
6 0

Answer:

it can be to be and so

Explanation:

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On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30
mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

       To Accounts receivable $9,000 ($10,000 - $1,000)

Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets  

3 0
3 years ago
4 components of a country market assessment
yuradex [85]
<span>1- Economic Analysis Using Metrics
2- Infrastructure and technology
3- Analyzing Government Actions
4- Analyzing Sociocultural Factors</span>
5 0
4 years ago
What part of texas experiences the greatest average number of days with thunderstorms per year?
eduard
Maybe It is Dallas?????

3 0
3 years ago
g __________ conversion is the least expensive and highest risk IS conversion strategy because the old system is cut off and the
Lina20 [59]

Answer:

Direct

Explanation:

There are different types of conversion systems. Example includes the direct conversion and parallel conversion.

In this conversion system, users stops using the old system one day and starts using the next system the next.

Its requires fewer resources and is simple if nothing goes wrong. Risk involved mostly if the hardware and software are old or at a cutting edge.

Direct conversion is said to be an abrupt change where the the old system is simply unplugged and the new system is turned on. It does not allow users with any choice but to work with the new system. It is said to be risky and least cost.

8 0
3 years ago
An entrepreneur is best described as A. someone that is hired to work in a firm B. someone who creates human capital C. someone
Alik [6]

Answer:

C. someone with the ability to combine other resources in a productive enterprise

Explanation:

An entrepreneur creates a business from scratch and makes it a success. A business begins as an idea that is transformed and developed into a successful enterprise. The entrepreneur forms the ideas and sources for means and ways of actualizing it into a successful venture.

The entrepreneur provides the factors of production required to actualize his or her idea. Entrepreneurship is one of the inputs in production. The entrepreneur put together the other factors of capital, land, and labor and forms an enterprise that produces other goods and services at a profit.

7 0
3 years ago
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