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2 years ago

7

A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to

inform the buyer about the payment owed for this purchase?
A. A receipt
OB. An invoice
C. A purchase order
OD. A packing slip

1 answer:

solniwko [45]2 years ago

7 0

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

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navik [9.2K]

Answer:

Journal entries for the

Completion of Job 113

Debit Finished Good/Inventory Account $ 5000

Credit WIP JOB 113 Account $ 5000

(In words we will debit finished good account by shifting work in process related to the job 113 in it)

Journal entries for the

Completion and sale of Job 85

Debit Finished Good/Inventory Account $ 3000

Credit WIP JOB 113 Account $ 3000

For sales following two entries will be passed.

Debit Cost of Good Sold Account $ 3000

Credit Finished Good/Inventory Account $ 3000

Debit Cash (or Receivable if credit sale) $ 4500

Credit Sales Account $ 4500

6 0

2 years ago

What happens in the labor market when the following event occurs?

Kryger [21]

I would say that the unemployment rate does not change. This is because people from the fishing industry might have shifted to the travel industry hence fishing deceasing and travel increasing, then the rate is still the same.

Option D

4 0

1 year ago

Fresh Baked Goods has 36,800 shares of stock outstanding at a market price of $24.91 per share. What will be the price per share

Cloud [144]

Answer:

$23.50 per share

Explanation:

The computation of the price per share after considering the stock dividend for the 6% is shown below:

= (Number of shares outstanding × market price per share) ÷ (Number of shares outstanding × 1 + stock dividend )

= (36,800 shares × $24.91) ÷ (36,800 shares × 1.06)

= $916,688 ÷ 39,008 shares

= $23.50 per share

Hence, the price per share is $23.50 per share

5 0

2 years ago

While sitting beside a swimming pool, your neighbor Bob, a roof installer, tells you that you should buy stock in HotNet because

Nesterboy [21]

Answer: d) Cannot sue Bob for misrepresentation

Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.

8 0

2 years ago

During its first year of operations, Silverman Company paid $15,085 for direct materials and $10,200 for production workers' wag

elena-s [515]

Answer:

$4,550

Explanation:

First, we need to calculate the product cost per unit

Product cost per unit = Total production costs / Units produced

= ($15,085 + $10,200 + $9,200) / 6,050 units

= $5.7 per unit

Cost of goods sold = $5.7 × 3,700 units

= $21,090

Net income = Sales - Cost of goods sold - Operating expenses

= ($8.2 × 3,700) - $21,090 - $4,700

= $30,340 - $21,090 - $4,700

= $4,550

6 0

2 years ago