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hoa [83]
2 years ago
10

What document is used to make adjustments to an existing sales contract?

Business
1 answer:
SSSSS [86.1K]2 years ago
3 0
This is called an amendment or a modification
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On July 1, Sterns Co. acquired patent rights for $36,000. The patent has a useful life of 6 years and a legal life of 15 years.
Komok [63]

Answer:

Dr Amortization Expense $3,000

Cr Patents $3,000

Explanation:

Preparation of the journal adjusting entry on December 31 to recognize the amortization.

Dec. 31

Dr Amortization Expense $3,000

Cr Patents $3,000

(To record Amortization)

Amortization=(Patent rights/Useful life)*6/12

Amortization=($36,000/6)*6/12

Amortization=$3,000

(July 1 to Dec 31 =6months)

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3 years ago
ILL GIVE BRAINLIEST!! HELP ASAP!!
WARRIOR [948]

Answer: B

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What did timothy do with the rope he made?
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Timothy stretched the rope between the hut and the beach for Philips to follow.
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Shkiper50 [21]

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3 years ago
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Why are russian and eastern europe interested to international managers? identify and describe reasons for such interest as well
algol13

Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.

International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.

It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.

International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.

Learn more about international managers here: brainly.com/question/24553900

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6 0
1 year ago
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