Oswego Clay Pipe Company sold $45,800 of pipe to Southeast Water District #45 on April 12 of the current year with terms 1/15, n/60. Oswego uses the gross method of accounting for sales discounts. What entry would Oswego make on April 23, assuming the customer made the correct payment on that date? Multiple Choice a. Cash 45,342 Sales 458 Accounts receivable 45,800 b. Cash 45,800 Accounts receivable 45,342 Sales 458 c. Cash 45,342 Sales discounts 458 Accounts receivable 45,800 d. Cash 45,800 Sales discounts 458 Accounts receivable 45,800 Sales discounts forfeited 458

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education

answerstop plates; security tracking of office property

answerorganizational language;