Answer:
November 17
Trade Receivable-Thomas Company $56,250 (debit)
Revenue $56,250 (credit)
November 26
Cash $55,125 (debit)
Discount Allowed $1,125 (debit)
Trade Receivable-Thomas Company $56,250 (credit)
Explanation:
November 17
Recognize Revenue and Recognize an Asset : Trade Receivable
Trade Receivable-Thomas Company $56,250 (debit)
Revenue $56,250 (credit)
Revenue Calculation = 100 units × $760 × 75% = $56,250
November 26
The payment date is within the cash discount period in terms of credit sale. Hence Thomas Company is granted cash discount of 2% (2/10, n/30).
Cash $55,125 (debit)
Discount Allowed $1,125 (debit)
Trade Receivable-Thomas Company $56,250 (credit)
The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True
Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.
However, the statement that an emergent strategy can only exist in only an internal and external environment is true.
This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.
Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company
Therefore, the correct answer is true
Read more here:
brainly.com/question/15171442
Answer:
to start building wealth
and for easy accessibility (emergency funds are there)
Well of this is true of false it would be false because you have to be 18 years old. This can’t happen in the first place because you have to be 18 years or older to purchase the television
Answer:
The requirements are missing, so I looked for similar questions. You should make any necessary adjusting entries on the accounting equation. Since there is not enough room here, I used an excel spreadsheet.
