Bramble Corp. records purchases at net amounts. On May 5 Bramble purchased merchandise on account, $92000, terms 2/10, n/30. Bramble returned $6200 of the May 5 purchase and received credit on account. At May 31 the balance had not been paid. The amount to be recorded as a purchase return is
Answers: 3
Business, 21.06.2019 21:00
Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest.the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed.what control allowed the fraud to occur?
Answers: 2
Business, 22.06.2019 00:20
Overspeculation and a decrease in consumer confidence are both leading factors of: ?
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Business, 22.06.2019 00:30
You wants to open a saving account.which account will grow his money the most
Answers: 1
Business, 22.06.2019 20:00
Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g
Answers: 2
Bramble Corp. records purchases at net amounts. On May 5 Bramble purchased merchandise on account, $...
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