Business, 23.03.2020 20:33 hungtistic
On july 22, gary sold $25000 of inventory items on credit with the terms 3/15, net 30. payment on $16400 sales was received on august 1 and the remaining payment was received on august 12. assuming gary uses the gross method of accounting for sales discounts, which one of the following entries was made on august 1 to record the cash received?a. cash 14,700 sales discount 300 accounts receivable 15,000b. cash 15,000 accounts receivable 15,000c. cash 14,700 accounts receivable 14,700d. accounts receivable 300 sales discount forfeited 300
Answers: 1
Business, 22.06.2019 08:30
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
Business, 22.06.2019 17:10
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
Business, 22.06.2019 21:30
Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.
Answers: 1
Business, 23.06.2019 02:00
In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000
Answers: 3
On july 22, gary sold $25000 of inventory items on credit with the terms 3/15, net 30. payment on $1...
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