Answer:
a. The amount refund owed to the customer is : $29,792
b. To record the refund and the return of merchandise:
Dr Sales returned and Allowances $30,400
Cr Sales Discounts $608
Cr Cash $29,792
(to record the refund of $30,400 sales with sales discount of $608 made)
Dr Merchandise Inventory $13,060
Cr Cost of Merchandise sold $13,060
(to record the impact of the $30,400 sales refund on cost of merchandise sold and merchandise inventory)
Explanation:
- Further explanation for sell discounts calculation:
As the terms is 2/10, total discount had been given as calculated below:
$30,400 x 2% = $608.
The managed care plan that is allowed to contract directly with employers to provide health care services is the health insurance.
<h3>What is managed care plan?</h3>
- Health insurance comes in the form of managed care programs. They have agreements with hospitals and medical centers to provide members with care at lower costs.
- These suppliers make up the network of the plan. The policies of the network will determine how much of your care the plan will cover.
- Among the several categories of managed health care programs are: maintenance of health organization (HMO) preferred supplier company (PPO) Service location (POS)
- The availability of numerous in-network providers, low costs, the provision of credentialed treatment, lower prescription costs, and low cost are some of the most frequently cited advantages of managed care systems.
Learn more about managed care plan here:
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Answer:
Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.
Explanation:
Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.
Answer:
roll down the window and brake it if you cant roll it down
Explanation: