X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)

Answers

Answer 1

Answer.

Explanation.

20 Characters long


Related Questions

Advertising, sales promotion, public relations, and buzz building activities are all ________. A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies

Answers

Answer:

B

Explanation:

Hope it helped you1

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible Accounts of $940 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 6% of accounts receivable. Bad debt expense for the year should be:

Answers

Answer:

$5,230

Explanation:

Account receivable balance = $310,000

Credit balance in allowance for uncollectible accounts = $970

Given percentage = 2%

So by considering the above information, the bad debt expense is

= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts

= $310,000 × 2% - $970

= $6,200 - $970

= $5,230

because it is hard to fire employees, ________ is widely held as one of the most important hr practices to do well.

Answers

Answer:

pandemic

internet

social media

letter

give bonus

give kiss hahha

Because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.

Selection is very important when it comes to hiring a candidate as selection process help the human resource manager or hiring manager to pick the right candidate or suitable candidate for the job.

For a company or organization that was to succeed, choosing the right candidate is important as this enables the company to achieve their aims and objectives.

A right candidate is the person who has the best interest of the company at mind and who always put in his or her best in every tasks.

Selecting a wrong candidate can affect the company growth as the candidate may be someone who perform poorly or who is incompetent when it comes to tasks or duties assign to them and they may mostly have the interest of the company at mind

It is important that hiring managers select the right and the best candidate so as to avoid the stress of having to fire employees.

Inconclusion because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.

Learn more here:

https://brainly.com/question/20493985

features of government​

Answers

Answer:

Key features of the democratic governments are:

People choose their own representatives to the parliament.

Free and fair elections are held at regular intervals.

Judiciary is independent of the control of executive and legislature.

There is an increased participation of people in political processes.

Explanation:

that the answer hope it helping

can you mark me brainliest please

how can I do my homework better

Answers

Answer:

By studying and reading your homework.

The amount that a vendor charges for goods is known as the

Answers

The price, or fee, is what the vendor charges

new haven products has used lifo inventory valuation for the life of the company. each year, their lifo reserve increases. what can be assumed about the prices of inventory?

Answers

It can be assumed that the prices of inventory is increasing.

The LIFO method is an inventory system where the inventory purchased last is assumed to be the first to be sold. Ending inventory would be made up of inventories that were first purchased.

The FIFO inventory is an inventory system where the first purchased inventory is assumed to be the first to be sold. Ending inventory consists of inventory that was purchased last.

The LIFO reserve is the difference between the FIFO inventory and the LIFO inventory.

LIFO reserve = (FIFO inventory) - (LIFO inventory).

A similar question was answered here: https://brainly.com/question/6222309?referrer=searchResults

which market structure is defined by a single producer?

Answers

Answer:

Monopoly. A condition that has none of the requirements for a competitive market such as adequate competition, knowledge of prices and opportunities, mobility of resources, and competitive profits is called a(n)

Explanation:

Hope it helps

what is the searching of trade?​

Answers

Answer:

shares are traded on a stock exchange

in which step of the price setting process would a new-product manager decide whether to adopt a penetration or a skimming pricing strategy for a new product she is about to introduce to the market?

Answers

Nnrrrnrnrnrrnrnrnnrjrjrjrjrnjrrjrr

Research on performance appraisal suggests a. performance appraisal ratings are usually used only for feedback purposes. b. employees are always well aware of the basis for their evaluations. c. as organizations become flatter, there is less need for multiple appraisal perspectives like those of peers, customers and subordinates. d. feedback is most effective if it immediately follows high or low performance.

Answers

Research on performance appraisal suggests "feedback is most effective if it immediately follows high or low performance."

Generally, the performance appraisal is conducted for some major reasons such as :

To give reasonable feedback to each of the employees on their performance;

To form the yardstick to alter employers' attitude towards effective performance.

To give equip managers with the necessary information to appraise subsequent job assignments.

Hence, in this case, it is concluded that the research appraisal feedback is most effective if it immediately follows high or low performance.

Learn more here: https://brainly.com/question/12814640

If you could franchise a business - what business would you choose? (2-3 sentences)

Answers

Answer:

I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.

Explanation: In Russia dog does not eat your homework, I do.

If Japan ____, then Japan is guilty of dumping cars into the US market.
A) sells cars in the US for a price above production costs
B) sells cars in the US for a price below production costs
C) produces cars at a lower cost than the US can produce them
D) produces cars at a higher cost than the US can produce them

Answers

Answer: A) sells cars in the US for a price above production costs

Explanation:

Hope this helps!

write short notes by Napier bone ​

Answers

Answer:

Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.

in response to a shortage caused by the imposition of a binding price ceiling on a market,

Answers

In response to a shortage caused by the imposition of a binding price ceiling on a market,

a. price will no longer be the mechanism that rations scarce resources.

b. long lines of buyers may develop.

c. sellers could ration the good or service according to their own personal biases.

A binding price ceiling is when the government or an agency of the government sets the maximum price of a good or service below the equilibrium price.

When price of a good is set below the equilibrium price of the good, the producer surplus would decreases and the consumer surplus would increase. This would lead to an excess of demand over supply. As a result, a shortage would occur. As a result of the shortage, black markets would occur.

To learn more about a price ceiling, please check: brainly.com/question/24312330

which of the following identifies the goods or services of a specific business, person, or organization?

Answers

The term that helps in identification of goods as regards this question is B: Trademark.

A trademark can be regarded as an intellectual property, which helps in offering of protection for a brand.

It identity the source where the goods/service comes from, and distinguish it from someone else business.

Therefore, option B is correct.

CHECK THE COMPLETE QUESTION;

Which of the following identifies the goods or services of a

specific business, person, or organization?

Trademark

License

Fair use designation

Copyright

Learn more at:

https://brainly.com/question/19534317?referrer=searchResults

________ capital is the economic or productive potential of employee knowledge and actions.

Answers

Answer:

human capital i think

Explanation:

On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $55,400. During 2021, $93,000 was paid for insurance. At the end of 2021, after adjusting entries were recorded, the balance in the prepaid insurance account was $45,500. Insurance expense for 2021 was:

Answers

Based on the amount paid for insurance and the prepaid balance, Coolwear Inc. probably had an insurance expense of $102,900.

The insurance expense of the year can be calculated as:

Closing prepaid insurance = Opening prepaid insurance + Amount paid for insurance - Insurance expense

Solving will give:

Insurance expense  = Opening prepaid insurance + Amount paid for insurance - Closing prepaid insurance

= 55,400 + 93,000 - 45,500

= $102,900

In conclusion, insurance expense was $102,900.

Find out more at https://brainly.com/question/14797686.

Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000​

Answers

Answer:

Whats the question

Explanation:

what is the source of income for the four sectors of the economy

Answers

Answer:

Consumer, Investment, Government, and Foreign.

Explanation:

Consumer:

Personal disposable income

Investment:

Retained earnings

Government:

Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.

Foreign:

No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.

Hope this helps! Have a great day my loves<3      

                                                                                           -Heiwa

Which account will have the highest annual percentage yield (APY)?

A. One that is compounded yearly.

B. One with simple interest that is calculated monthly.

C. One with simple interest that is calculated yearly.

D. One that is compounded monthly.

Answers

The account that will have the highest annual percentage yield (APY) is the "One that is compounded monthly."

This is because, generally, the compound interest account earns more money than a simple interest account.

This is because, in a compound interest account, you not only earn interest on your original money, you also earn interest on the profit you earned or accumulated.

Hence, given that the regular or frequently your money and profits increase or compound, the higher your whole account would increase at the end of the year.

Therefore, in this case, it is concluded that the account compounded monthly will have the highest annual percentage yield (APY) because the whole money is multiplied frequently or monthly.

Learn more here: https://brainly.com/question/18456266

Suppliers deliver product to restaurants on a regular schedule throughout the week. You are responsible for checking delivery or having another staff person do so. What are key things to look for?
a) Is the quality up to your standards?
b) Damaged and unsellable items
c) is anything missing from the invoice?
d) Incorrect items
e) All of the above

Answers

Answer: e) All of the above

Explanation:

as the attrition loss in a process increases, what happens to the yield?

Answers

Answer:

The yield decreases

Explanation:

Coffee Company had a $500 beginning balance in its supplies account. The company purchased $2,000 of supplies during the accounting period. A physical count of supplies determined that $400 of supplies were on hand at the end of the accounting period. The amount of supplies expense to be recognized is ______.

Answers

Answer:

$2,100

Explanation:

Supplies is a asset which is debited to add, credited to remove

We start with $500, and purchase $2,000, leaving us with $2,500 in supplies.

We have $400 left at the end of the accounting period.

$2,500 - $400 = $2,100 (used)

Therefore, we make our adjustment, and debit the Supplies expense account for $2,100

identify characteristics of notes payable that are not common to accounts payable.

Answers

Notes payable and Accounts payable are both used to represent the obligations that a company has to an entity. They are however different in certain ways such as:

Payment period Conversion Entities owed

The following are differences between notes payable and accounts payable:

Payment period - Accounts payable are to be paid in less than a year whereas Notes payable can either be less or more than a year.

Conversion - Accounts Payable can be converted to a notes payable if the company is unable to pay them off in time. A Notes payable on the other hand, cannot be converted to an Accounts payable.

Entities owed : Accounts payables are owed to suppliers of the company but Notes payable are owed to financial institutions.

In conclusion, notes payables and accounts payables have several differences.

Find out more at https://brainly.com/question/882090.

if firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the ________ gap.

Answers

If firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the Performance Gap.

This is because the Performance Gap is a type of gap that arises when there is a difference in the performance of the employees against the employer's expectation.

It is often described as the difference between the current service situation and the intended service situation.

Many things or factors can cause a performance gap; some of the major factors that lead to the performance gap include the following:

Inadequacy of job knowledge. Amending job requirements. Inadequacy of understanding of the role due to improper hiring.

Hence, in this case, it is concluded that closing the performance gap can make employees meet and exceed the appropriate service criteria of the firm.

Learn more here: https://brainly.com/question/13809970

You are a manager of a water park. Customers
have been complaining about the long lines and
discourteous service they have been receiving
from employees. To close the customer service
gap, write 3 things that employees can do to
offer better customer service.

Answers

I. Have the employees be more observant of customer needs and lines.

II. Ask customers how they are doing at the park and if they have questions.

III. Welcome customers in to every ride, booth, and every other entertainment at the park.

higgins enterprises is accepting notes receivable from four customers for $18,000 each. which customer will end up paying the least in interest, assuming all individuals pay in full on the maturity date?

Answers

Answer:

328.5

Explanation:

18000*annual interest rate*days/360

18000*7.3%*90/360 = 328.5

Based on the amount accepted as notes receivables and the interest rates, the individual that will pay the least interest is Individual 3.

Individual 1:                                                        Individual 2:

= Amount x Interest x Period / year                 = 18,000 x 5.98% x 1 year

= 18,000 x 6.75% x 4/12 months                     = $1,076.40

= $405

Individual 3:                                                       Individual 4:

= 18,000 x 7.3% x 90/365 days                       = 18,000 x 7.15% x 8/12 months

= $324                                                              = $858

In conclusion, Individual 3 will pay the least interest.

The customers in question are:

A. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months.

B Individual 2 has an annual interest rate of 5.98% and a maturity date of one year.

C Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days.

D. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months.

Find out more at https://brainly.com/question/22530425.

To help food advertisers produce more effective advertising, the Food Marketing Institute did a study that asked respondents which of four reasons best explained why they wanted to eat more nutritiously: to lose weight, to prevent health problems later in life, to follow their doctor's advice, or to manage an existing medical condition. The answer to this question is an example of ________ research.

Answers

Considering the situation described above, the answer to this question is an example of quantitative research.

This is because quantitative research is a type of research that seeks to measure and interpret numerical data.

It is carried out by gathering, assessing, and decoding numerical data. These data can be responses from people, which are then ranked based on number of respondents on each response.

Thus, in this case, the options that ranked highest in number would be the option the researcher would pick.

Hence, in this case, it is concluded that the correct answer to the question is Quantitative Research.

Learn more here: https://brainly.com/question/25022102

would the company be allowed to monitor the emails of his employees?

Answers

Answer:

yes in the united states the buissness has the right to monitor every email

Explanation:

its in the lawbook

Other Questions
Ella, King and I had to explain our lateness to the headmaster is it a simple or compound or complex sentence the ratio of the interior angle to the exterior angle measures of a triangle is 1:4:5. What are the angle measures Why are engrams scattered around our brain ? ASAP please!!!Triangle ABC has angle measures as shown show work.complete sentencea. What is the value of x?b. What is the measure of angle CAB?d. When these 3 interior angles of a triangle are added together, what does it equal? Las diferencias entre la declaracin de los derechos humanos y la constitucin mexicana? What is the slope between these two points (-2, 7) and (4, 6)?( What changes and conflicts emerged as Americans developed a national culture? A car travelling at 120km per hour. How many metres does the car travel in 2 1/2 minutes The Role of Fuel Cells in Renewable Energy Solutions Find the percent of change from10 yards to 15 yards1. 5%2. 33%3. 15%4. 50% The Foldgers Black Silk K-cup coffee pods weigh on average .28 ounces with a standard deviation of .05 ounces. Answer each of the questions.68%, 2.5%, 81.5%, 95%, 41-42, 20-21, 16%, 84%, 121-122, 5%, 87-88, 64, 35-36What percentage of K-cups can be expected to fall within 2 Standard Deviations of the mean?What is the probability that a K-cup will have more than .33 ounces?Sam's club sells K-cups in a box of 128. How many of them will weigh less than .23 ounces?K-cups that are more than 2 SD below the mean are considered to be to "weak". What percentage of K-cup are considered to "weak"In a standard box of 44 k-cups, how many will weigh between .23 and .38 ouncesThe ideal weight for K-cups are within 1 SD of the mean, how many of the Sam's Club box of K-cups are ideal? Find the missing number using the distributive property. 10 + 20 = 2(5 + __)Is it:A) 10B) 4C) 5D) 2 Write 200+ words about your dreams for the future. Where do you want to live? What about your job? Family? Bridgette measured an Italian restaurant and made a scale drawing. The scale of the drawing was 8 millimeters: 5 meters. The restaurant's kitchen is 30 meters long in real life. How long is the kitchen in the drawing? Calculate the slope of the line shown on the graph using any two of the labeled points. Show your work on paper or in the box below. Which sentence is the best definition of historical causation?O A. The act of identifying relationships between two or more events inhistoryO B. A connection between events in which the first event caused theevents that followO C. The act of convincing others that their perspective on an issue iscorrectO D. A connection between events that does not necessarily mean onecaused the other Help I have a C in math. I don't understand this Alegbra. If you get it right then I will give you Brainlist! (Ignore the black dots because I am not sure if they are right) Which of the following does Aeneas NOT OBSERVE in the Aeneid? A - the destruction of the city of Troy B - the death of Polites and Priam C - Bringing the wooden horse into the city D - The Greeks defeat Polyphemus 5 hours 15 min + 3 hours 33 minshow the working as well In the equality -x>5 what must you do to solve the problem