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2 years ago

ASsume the following information:

Business

1 answer:

Dmitriy789 [7]2 years ago

8 0

Explanation:

The Journal entry is shown below:-

1. Accounts receivable Dr, $938,000

To Sales revenue $938,000

(Being Sales on account is recorded)

2. Cash Dr, $915,000

To accounts receivable $915,000

(Being collection of accounts receivable is recorded)

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A company purchased $11,600 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $1,3

dlinn [17]

Answer:

$10,534

Explanation:

Net purchases before discount = $11,600 - $2,080 = $9,520

Since the company paid before 10 days, it takes 3% discount as follows:

Discount = $9,520 * 3% = 9,234.40 = $285.60

Net purchases after discount = $9,520 - $285.60 = $9,234.40

The company pays for the freight charge of $1,300 and net purchases after discount. Therefore, we have:

Cash paid = $9,234.40 + $1,300 = $10,534.40, or $10,534 approximately.

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2 years ago

A good cover letter should only address your ability to perform __________ skills that the employer is seeking.

aalyn [17]

Answer: b. three or four

Explanation:

Cover letters are meant to introduce the applicant for the role in a manner that would inspire the recruiter to want to take their applicant further in the recruitment process.

As such, the applicant should include some selling points to encourage this. One of said selling points is the possession of the skills that the role in question requires. A good number to possess/include in the letter is three to four of said skills because anything less might be too little and anything more might inspire distrust.

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2 years ago

Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco

Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

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2 years ago

Jordan routinely eats an early lunch around 11:00 am. even if there's no clock in sight, jordan can tell when it's almost 11:00

Minchanka [31]

Given that <span>Jordan routinely eats an early lunch around 11:00 am. Even if there's no clock in sight, Jordan can tell when it's almost 11:00 am because he feels hungry and wants to eat.

The explanation that accounts for this is </span>Jordan has become classically conditioned so that the time of the day, 11 AM, is a conditioned stimulus (CS) for him, triggering internal bodily changes that increase his desire to eat.

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2 years ago

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and

kherson [118]

Answer:

I used an excel spreadsheet since there is not enough room here. I ordered the given data:

Fixed Variable Actual Total

Revenue $276 $33,130

Technician wages $8,300 $8,150

Mobile lab operating exp. $5,000 $34 $9,260

Office expenses $2,500 $3 $2,740

Advertising expenses $1,570 $1,640

Insurance $2,850 $2,850

Miscellaneous expenses $970 $2 $535

Download pdf

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2 years ago