Answer:
(B)
Explanation:
Europay, Mastercard , Visa (EMV) is a payment method based upon technical standard for smart card payments or ATMs that accept them.
These are smart cards (also referred to as chip cards) that are capable of storing large amount of information and also include a magnetic stripe at the back for backward compatibility.
Smart cards can serve as credit or ATM cards, fuel cards, mobile phone SIMs etc. Smart card chip can be loaded with funds and can be used for paying parking meters, vending machines or merchants.
The important thing to remember when asking a person to be a
part of your employment network is that to always to think that an individual
has their own strength and weaknesses and it’s up to you to take note whether
it is an asset to the company.
<em><u>gente</u></em><em><u> </u></em><em><u>não</u></em><em><u> </u></em><em><u>tem</u></em><em><u> </u></em><em><u>que</u></em><em><u> </u></em><em><u>fazer</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>prova</u></em><em><u> </u></em><em><u>de</u></em><em><u> </u></em><em><u>amanhã</u></em><em><u> </u></em><em><u>de</u></em><em><u> </u></em><em><u>manha</u></em><em><u> </u></em><em><u>cedo</u></em><em><u> </u></em><em><u>né</u></em><em><u> </u></em><em><u>e</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em>
Answer and Explanation:
The journal entries are shown below:
1. On Sep 30
Cash $15750
To Sales $15,000
To Sales taxes payable ($15000 ×5%) $750
(Being the cash receipts is recorded)
For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities
2 On Sep 30
Cost of goods sold $12,000
To Merchandise inventory $12,000
(Being the cost of goods sold is recorded)
For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets
3 On Oct 15
Sales taxes payable $750
To Cash $750
(Being cash paid is recorded)
For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets
Answer:
b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Explanation:
Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.
Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.
Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.
So, the correct option is b.
