Government Regulators are regulatory agencies, such as the sec (securities and exchange commission), that establish group rules under which organizations may operate.
Other types of agencies are the Federal Aviation Administration (FAA) and the Environmental Protection Agency (EPA).
The government regulators are public authority that are responsible for showing this authority to enforce standards for activities and operations.
Answer:
A. Realtors
Explanation:
A realtor is a professional who helps clients buy and sell properties. Realtors are registered by the National Association of Realtors (NAR) and licensed to practice by their local authorities.
Realtors work for real estate companies. They may be real estate agents, salespeople, residential and commercial real estate brokers, property managers, or appraisers. Since they are recognized by law, and their work revolves around properties, realtors stand in a better position to assist someone buying a house.
Answer: See explanation
Explanation:
The tabular analysis of the transactions had been prepared and attached. The tabular analysis consist of heading such as cash, account receivable, supplies, equipment, account payable, common stock, revenue, expense and dividends.
Check the attachment for the solution.
Answer:
The credit terms 2/10, n/30 are interpreted as:
- 2% cash discount if the amount is paid within 10 days, or the balance due in 30 days.
Explanation:
I will explain using an example:
On January 2, the company sells $1,000 worth of goods with credit terms 2/10, n/30.
January 2
Dr Accounts receivable 1,000
Cr Sales revenue
If the client pays within the discount period:
January 11
Dr Cash 980
Dr Sales discounts 20
Cr Accounts receivable 1,000
If the client pays after the discount period but before 30 days:
January 31
Dr Cash 1,000
Cr Accounts receivable 1,000
