Answer:
The entry that should not be recorded is debit petty cash, $300
. Option A.
Explanation:
Vouchers recorded for expenses:
Postage
Business lunches
Delivery fees
Office supplies
The journal entry when recognizing expenditures from the petty cash fund should be as under:
Accounts
: Credit Debit
Postage $ 90
Business lunches $ 135
Delivery fees $ 80
Office supplies $ 45
Petty Cash $350
The entry that should not be recorded is debit petty cash, $300
Answer:
A) Refer to merchandise that customers return to the seller after the sale.
Explanation:
Option B is wrong because the sales return comes from customer selling while a purchase discount is given to the customer.
Option C is wrong because the sales discount can reduce the selling price of merchandise sold to customers.
Option D is wrong because the trade discount helps to the customer so that they can give less payment during purchase or sales.
Option E is wrong because the cash discount is given to customers to encourage early payment.
Option A is correct because when the customer returns the products to the seller after the sale is called sales returns.
Answer:
The answer is: Percy can disaffirm the contract, and he must return the coat.
Explanation:
Minors (people under 18 years of age) are not allowed to participate in any kind of contract except for essential items like medicine or food. In order for a contract to be enforceable, Percy's parents must give prior consent.
So Percy can choose to either continue with the contract or void it, but if he decides to void the contract he must return the coat he bought.
True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance
Answer:
The correct answer is d) technical skills.
Explanation:
Technical or hard skills are those that serve to perform a specific function and that are developed through training, education or training.
While there is no single technical skill that defines a good professional, there will always be one or more that is valued in a selection process.
According to several experts on recruitment issues, these could be some examples of technical skills best valued by the recruiters when hiring.
-
Basic computer knowledge (Office tools).
- Management of database software (Excel).
- Use of programs to make graphic presentations (Power Point).
- Title or specific training for a specific job.
- Accounting management
- Knowledge in transcription and shorthand.
- Persuasive writing techniques.
- Basic knowledge of sector regulation.
- Management of digital tools for analysis and community management.
- Basic graphic design techniques (Photoshop or Illustrator).
- Use of software for web positioning such as Google Analytics.
- Knowledge of languages.
