Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000
The Board of Supervisors has the overall responsibility for the function of county government. They are the legislative and executive body of county government.
High Sierra, LLC, which is incorporated in Nevada but headquartered in Northern California, could be sued in Nevada for its alleged defective product if <u>D. Sells its products</u> to Nevada residents using the USPS for delivery.
<h3>What is a defective product?</h3>
A defective product is one that causes injury to the consumer thereby incurring product liability. Product defects can arise from:
- Design
- Manufacturing
- Marketing.
<h3>Answer Options:</h3>
A. It maintains a sales agent with a small satellite office in Carson City, Nevada.
B. It runs radio ads advertising its product on a Las Vegas radio station.
C. Its sales representatives regularly fly out of Reno, Nevada when heading out on business trips.
D. Sells its products to Nevada residents using the USPS for delivery.
Thus, High Sierra could be sued in Nevada for <u>Option D</u>.
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It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
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Answer:
B
Explanation:
Wages are sticky when earnings do not adjust quickly to changes in the market conditions .In some other situations , the rate of can be too slow compared to the rate of changes in the market. That means that every single time that market prices change , wages remain the same or just have a marginal change.
Factors that trigger sticky wages are unemployment ,and roles of the labor union.
Sticky wages can be useful in the sense that it can explain why market might not reach equilibrium in the short run or even in the long run.