The series of seven transactions recorded in the following T accounts were related to a sale to a customer on account and the re
ceipt of the amount owed. Briefly describe each transaction for letters (A) through (E). (WORD BANK, USE WORD ONCE)
- Sale on account.
- Cost of goods sold for the sale on account.
- Note received from customer on account.
- Note dishonored and charged face value of note plus interest to customer’s account receivable.
- Payment received from customer for dishonored note plus interest earned after due date.
So you are more experienced when making future investments, you have more positive spending habits and can afford things other may not be able to at that age.
This legislation is called the Fair Labor Standards Act.
This act gives rights to United States workers. Among these rights are child labor laws, the requirement of employers to pay overtime to workers who work over 40 hours per week and also sets a minimum wage that must be paid to employees.