Explanation:
The journal entry is shown below:
Accounts payable A/c Dr $1,600
To Cash A/c $1,568
To Merchandise Inventory A/c $32
(Being due amount is paid and the remaining balance is credited to the cash account)
The computation is shown below:
For account payable
= Purchase value of goods - credit from the supplier for damaged goods
= $1,900 - $300
= $1,600
For discount
= $1,600 × 2%
= $32
We assume the perpetual inventory method is followed
Answer:
The correct answer is letter "B": seek input from the tellers on how to improve their job.
Explanation:
In every organization, managers must find a way to allow employees to reach their personal goals and contribute to the achievement of objectives of the company. Communication is vital for this to happen, thus managers must constantly have meetings with employees to collect information on what the workers think must be changed or adjusted to improve their work. By doing this, employees are likely to increase their efficiency and the company's.
Answer:
Follows are the solution to the given question:
Explanation:
In this question, we assume that there is no change in selling price.
So,

Plan Do Check Act is p.d.c.a. stands for. As Performance improvement model at richmond university medical centre is base on the acronym p.d.c.a.
<h3>What is the role of p.d.c.a.?</h3>
The focus PDCA framework is intended to provide guidance for problem-solving and process improvement. In order to ensure success, this technique develops a detailed analysis, response, action plan, and feedback loop.
Based on facts to support the modifications, a method called FOCUS and PDSA can be used to change how a service is offered. This method can also be used to assess the change's impact. While PDSA refers to the cycle of an improvement process, FOCUS refers to a method for identifying an area that needs improvement.
Thus, it is Plan Do Check Act
For more details about Plan Do Check Act, click here:
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Answer:
Most favoured nation principle
Explanation:
Most favoured nation (MFN) clause of the World Trade Organisation requires that when a nation trades with others the concessions, immunities, and privileges granted to one nation should be the the same granted to all WTO members.
It discourages discrimination where one nation in international trade is favoured above another.
For example if Ghana reduces tariff on trades with South Africa it is expected that tariffs to other WTO nations will also be reduced to 3%.
Exceptions to this principle are for developing nations, regional free trade areas, and custom unions.