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3 years ago

In the books of seller, is deducted from the invoice price when the buyer pays earlier or on the date/term stipulated

Business

1 answer:

Nutka1998 [239]3 years ago

7 0

Answer:

In the books of seller, cash discount is deducted from the invoice price when the buyer pays earlier or on the date/term stipulated

Explanation:

An early payment discount or cash discount is the reduction in invoice price due to payment before the due date.
A number of factors should be considered to see how much discount should be provided . Some of them are: check the cash discount offered by competitors, and check the payment history of the customer.
This strategy helps close the gap in cash flow and boost the working capital.

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The answer is infrastructure.

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3 years ago

Regional Products, Inc. agrees to sell to Quantity Dealers Corporation a certain amount of goods. The contract does not specify

Rashid [163]

Answer:

Regional Products

Explanation:

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3 years ago

Accounts receivable $ 28,500 Long-term notes payable $ 23,000 Accounts payable 16,200 Office supplies 4,000 Buildings 51,000 Pre

Rus_ich [418]

Answer:

Chavez Company's current ratio = 2.202

Explanation:

CLASSIFYING THE BALANCE SHEET ACCOUNTS OF CHAVEZ COMPANY'S

CURRENT ASSETS – 44,040

• Cash 7,500

• Accounts receivable 28,500

• Prepaid insurance 4,040

• Office supplies 4,000

LONG-TERM ASSETS – 51,000

• Buildings 51,000

CURRENT LIABILITIES – 20,000

• Accounts payable 16,200

• Unearned services revenue 3,800

LONG-TERM LIABILITIES – 23,000

• Long-term notes payable 23,000

Current Ratio = Current Asset (CA) / Current Liabilities (CL)

Current Ratio = 44,040 / 20,000

Current Ratio = 2.202

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3 years ago

First nitrogen gas travels from the

Alecsey [184]

Nitrogen gas travels from the air to the soil and right into the nodules.

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3 years ago

Reputable credit counseling companies are almost always financed by which of the following? A. Bernie Madoff B. A large bank wit

Y_Kistochka [10]

Reputable credit counseling companies are almost always financed by Third Party. Option C is the answer

<h3>What do Credit counseling companies do?</h3>

Credit counselors provide individual with counsel especially people who wants to borrow money and how it can be effectively managed.

They provide services to consumers on how they can have effective Budget.

Third Party such as institutions, cooperative society, NGO have credit counselling companies.

Therefore, Reputable credit counseling companies are almost always financed by Third Party

Learn more on credit counseling below

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8 0

2 years ago