Answer:
July 1, 2020
Dr. Account Receivable $56,000
Cr. Sales $56,000
July 9, 2020
Dr. Cash $54,880
Dr. Sales Discount $1,120
Cr. Account Receivable $56,000
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
As Payment of $56,000 is received within the discount period. So, the discount will be
Discount = $56,000 x 2% = $1,120
Amount Paid = $56,000 - $1,120 = $54,880
Answer: Code of accounts.
Explanation:
In project management, a code of accounts is a vital tool in managing any project because it makes it easier to differentiate numerous parts of a project without the need to remember terminologies or lengthy names.
A code of accounts is the unique numbering or lettering whereby letters or numbers are attached to each unique part of the project during the work breakdown structure (WBS) stage. The assigned numbers and letters should not be changed throughout the project's life cycle.
Answer:
The answer is D.
Explanation:
Labor force is the number of people or citizens who are within the workforce age that employed and those that are unemployed but are willing and able to work(i.e they are actively searching).
Labor force = employed citizens plus unemployed citizens
Option A and B are wrong because some adults(citizens) are not working and they are not willing to work.
The most important thing here is to show willingness to work and also has the ability to work
Answer:
collateral stress program
Explanation:
collateral stress program is program which is being implemented in organization to help employee cope with stress and anxiety.
It has been seen that long working hours, increasing workload and uncertainty in roles and responsibilities accompanies with unbalanced work life balance has been affecting physical and mental well being of employee. This reduces the productivity of employee and organization. An organization is meant to take care of employees. Hence under such circumstances. Collateral stress program is being use dot help employees.
Under this program, employees are made to learn stress management, health promoting program is conducted. Employees are given assistance of psychological expert to discuss their issues. Nowadays Yoga program is also used in organization to ensure overall being of employees.
Hence any activity and event to ensure mental and physical well-being of employee constitute collateral stress program.
Since, in the problem stated above carl investment firm is introducing yoga classes for its employee to help in mitigating their stress. It comes under the purview of collateral stress program
Answer:
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management,
