BIOLOGY, BOTANY AND ENGLISH
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Answer:
Cash Dr 10975
To Sales $10,000
To Sales Tax Payable $975 ($10,000 × 9.75%)
(Being the cash is recorded)
Explanation:
The journal entry is shown below;
Cash Dr 10975
To Sales $10,000
To Sales Tax Payable $975 ($10,000 × 9.75%)
(Being the cash is recorded)
For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it also increased the revenue and liabilities
Answer and Explanation:
Year 1 Dividend = 1.04
Year 2 Dividend = 1.08
Year 3 Dividend = 1.12
Year 3 Sale of Stock = 14.62
Year 1 Total Cash Flow = 1.04
Year 2 Total Cash Flow = 1.08
Year 3 Total Cash Flow = 15.74
I guess the correct answer is legal
U.S.-based Royal Corporation is hesitant about entering into a licensing agreement with Hexagon, Inc., a company from the Monaslu Republic, due to the likelihood that Hexagon will opportunistically break a contract or expropriate property rights. The type of risk Royal Corporation trying to avoid is legal.
Lеgal risk is thе risk οf financial οr rеputatiοnal lοss that can rеsult frοm lack οf awarеnеss οr misundеrstanding οf, ambiguity in, οr rеcklеss indiffеrеncе tο, thе way law and rеgulatiοn apply tο yοur businеss, its rеlatiοnships, prοcеssеs, prοducts and sеrvicеs.
Answer:
The correct answer is: Speciality retailer.
Explanation:
Speciality retailers are stores that operate similarly to regular retailers offering products manufactured by different companies but the focus their attention on a specific niche in the market. <em>Clothing, shoes, books, school supplies, </em>and <em>technology retailers</em> are examples of these types of stores.