Answer:
Explanation:
May 3
Dr merchandise inventory 27,000
Cr Cash 27,000
May 5
Dr Accounts receivable 19,500
Cr Sales 19,500
May 5
Dr COGS 13,500
Cr Merchandise inventory 13,500
May 7
Dr Sales returns and allowances 1,950
Cr Accounts receivable 1950
Dr Merchandise inventory 1350
Cr COGS 1350
May 8
Dr Sales returns and allowances 750
Cr Accounts receivable 750
May 15
Dr Cash 16464
Dr Sales discount 336
Cr Account receivable 16800
19500-1950-750 = 16800
16800*2% = 336
The answer to this question is Simple;informal
Simple contracts usually will be used if the transaction happens in small scale (it held small amount of value)
Which means that both parties either believe in one another or they simply do not care enough about the contract to care about the legal precautions.
Learning styles are the best way to learn for a student has been debunked. However, learning styles are accepted in education as a way to promote the idea that student learns differently. Below is a further explanation.
<h3>The VARK Model</h3>
Education continues to promote learning styles as a way for teachers to support students and differentiate lessons. The multiple models related to learning styles, the VARK model is among the most widely used since it sufficiently addresses learner diversity and needs.
The VARK model stands for:
- Visual
- Auditory
- Reading/Writing
- Kinesthetic
Therefore, anything devoid of the above will be irrelevant.
learn more about learning styles: brainly.com/question/3274282
Answer:
$1,375
Explanation:
Calculation to determine What was the amount of revenue for July
Using this formula
July Revenue= July Cash Received for services provided+ Services provided to customer on credit
Let plug in the formula
July Revenue= $950+$425
July Revenue=$1,375
Therefore the amount of revenue for July is $1,375
Answer:
$45,500
Explanation:
$65,500+$28,000= $95,500
$95,500 - $50,000 = $45,500