Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30).
March 1 Purchased $33,000 of merchandise from Van Industries, terms 2/15, n/30.
March 2 Sold merchandise on credit to Min Cho, Invoice Number 854, for $13,200 (cost is $6,600).
March 3 (a) Purchased $990 of office supplies on credit from Gabel Company, terms n/30.
March 3 (b) Sold merchandise on credit to Linda Witt, Invoice Number 855, for $6,600 (cost is $3,300).
March 6 Borrowed $72,000 cash from Federal Bank by signing a long-term note payable.
March 9 Purchased $16,500 of office equipment on credit from Spell Supply, terms n/30.
March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for $3,300 (cost is $1,650).
March 12 Received payment from Min Cho for the March 2 sale less the discount of $264.
March 13 (a) Sent Van Industries Check Number 416 in payment of the March 1 invoice less the discount of $660.
March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $132.
March 14 Purchased $29,000 of merchandise from the CD Company, terms 2/10, n/30.
March 15 (a) Issued Check Number 417 for $12,100; payee is Payroll, in payment of sales salaries expense for the first half of the month.
March 15 (b) Cash sales for the first half of the month are $52,800 (cost is $42,240). These cash sales are recorded in the cash receipts journal on March 15.
March 16 Purchased $1,510 of store supplies on credit from Gabel Company, terms n/30.
March 17 Returned $2,900 of unsatisfactory merchandise purchased on March 14 to CD Company. Church reduces accounts payable by that amount.
March 19 Returned $495 of office equipment purchased on March 9 to Spell Supply. Church reduces accounts payable by that amount.
March 20 Received payment from Jovita Albany for the sale of March 10 less the discount of $66.
March 23 Issued Check Number 418 to CD Company in payment of the March 14 purchase less the March 17 return and the $522 discount.
March 27 Sold merchandise on credit to Jovita Albany, Invoice Number 857, for $9,900 (cost is $3,960).
March 28 Sold merchandise on credit to Linda Witt, Invoice Number 858, for $3,960 (cost is $1,584).
March 31 (a) Issued Check Number 419 for $12,100; payee is Payroll, in payment of sales salaries expense for the last half of the month.
March 31 (b) Cash sales for the last half of the month are $58,080 (cost is $34,848). These cash sales are recorded in the cash receipts journal on March 31.
March 31 (c) Verify that amounts impacting customer and creditor accounts were posted and that any amounts that should have been posted as individual amounts to the general ledger accounts were posted. Foot and crossfoot the journals and make the month-end postings.
Assume the following ledger account amounts: Inventory (March 1 beginning balance is $63,000), Z. Church, Capital (March 1 beginning balance is $63,000) and Church Company uses the perpetual inventory system.
Required:
2-a. Enter the transactions in a sales journal.
2-b. Enter the transactions in a purchases journal.
2-c. Enter the transactions in a cash receipts journal.
2-d. Enter the transactions in a cash payments journal.
2-e. Enter the transactions in a general journal.

Answer:

C.) advertising nationally

Explanation:

This is the correct answer. The person above may only have a 3-star rating, but they are correct.

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The internal control issue in the situation with the mail clerk opening the mail and recording the receipts, and the bookkeeper recording the deposits, is Segregation of Duties.

The procedures, checks, and balances that must be put in place when a business expands are known as internal controls. Any component of your business, from IT to human resources, can be related to internal controls.

One important internal control is the separation of duties, which prevents employees from being able to commit fraud or errors while also covering them up while performing their regular duties.

The idea that managing a firm shouldn't be the responsibility of one person forms the cornerstone of segregation of roles. No one individual should be in charge of any task that could result in fraud or other illegal activities that could hurt the business.

This is why the mail clerk and the bookkeeper should not be doing the number of tasks that they do.

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Answer:

it depends on the measures taken to ensure that economy is stable.

Answer:

1. it is difficult to say since contractionary periods have varying lengths in different business cycles.

2. shock

3. high unemployment

4. two

5. expansion stage of the business cycle

Explanation:

just took it

Cotton paper, which weighs 80 to 90 grams per square meter, is used to make the majority of banknotes.

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Answer:

La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.

Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

        To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

A business plan is a written document that describes in great detail the goals and objectives of a company.

A business plan outlines a written strategy for the company's operations, finances, and marketing. Both new and established businesses use business plans.

It is a crucial document intended for both internal and external audiences of a company. Generally, it is not a good idea to operate without a business plan. In reality, very few companies can function without one for an extended period.

A business plan can also help a company's executive team stay on the same page concerning strategic action items and on track to achieve set objectives.

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Answer:

A. 6,000

Explanation:

trust

The most correct statement is that the margins obtained by each member and through the channel as a whole depend on how much channel members share expenses.

The process of developing, conveying, delivering, and trading services that are valuable to consumers, clients, partnerships, and society at large collectively is known as marketing.

A marketing channel must be lucrative overall but have consistent earnings from all of its partners in order to be deemed profitable.

All participants must share costs for all intermediaries to be profitable. If it doesn't, one member would be highly profitable while the other would be less profitable or would even lose money.

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The complete question is-

One consideration in choosing a marketing channel is profitability, which is determined by the margins earned for each channel member and for the channel as a whole. Based on this information, which of the following statements would be most accurate?

The more responsibilities a channel member takes in terms of distribution, advertising, and selling expenses, the greater the potential for manufacturer profitability.

The more responsibilities the manufacturer assumes relative to its channel members, the greater the potential for profitability.

The extent to which channel members share costs determines the margins received by each member and by the channel as a whole.

While channel members can increase profitability by taking on distribution and selling expenses, advertising expenses should always remain with the manufacturer if a firm is looking for the greatest profitability.

Profitability is not related to the length or nature of the distribution chain but determined by the manufacturer.

Answer:

conveyor belts

Explanation:

A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.

Obligatory social actions undertaken by a firm to fulfill economic and legal responsibilities.

The term that describes a firm's engagement in social actions due to its obligation to meet certain economic and legal responsibilities is known as "corporate social responsibility" (CSR). CSR refers to a company's commitment to conducting its business in an ethical and responsible manner, considering the impact of its actions on various stakeholders, including employees, customers, communities, and the environment. It encompasses a range of activities, such as adhering to legal regulations, promoting fair business practices, protecting the environment, supporting community development, and ensuring the well-being of employees. By fulfilling economic and legal responsibilities through CSR initiatives, firms aim to maintain their social license to operate, build positive reputations, and contribute to sustainable development.

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If a country exports goods and services valued at $400 million in a year and in the same year imports goods and serves valued at $300 million, it can concluded from its balance of trade that the country has a trade surplus. Thus, option A is correct.

The difference between a country's exports and imports for a certain period is known as the balance of trade (BOT). The main component of a country's balance of payments (BOP) is the balance of trade.

A country with a trade deficit imports more products and services than it exports in terms of value, whereas a country with a trade surplus exports more goods and services than it imports. The BOT can be calculated by subtracting the total value of its exports from the total amount of its imports.

The balance of trade for this country will be the difference between its exports and imports. It is given that the country exports goods and services valued at $400 million in a year and the country imports goods and serves valued at $300 million. So its balance of trade will be $100 ($400-$300) as trade surplus.

Therefore, the country shows a trade surplus.

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The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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Answer:

$8,484.85

Explanation:

Fixed costs = $1,600

Depreciation = $1,200

Tax rate = 35%

Cost of capital = 12%

Variable costs = 67% of sales

Desired sales = (Fixed cost + Depreciation) / Contribution ratio

Desired sales = ($1,600 + $1,200) / (1 - 67%)

Desired sales = $2,800 / 0.33

Desired sales = 8484.84848485

Desired sales = $8,484.85

The minimum level of sales that Corner Market must obtain to avoid a net loss on its income statement is $8,484.85.

Answer:  $11,337

Explanation:

Given formula for annual compound interest.:

\(A=P(1+\dfrac{r}{n})^{nt}\)

Given: Principal(P): $9,000

Type of Interest: Compound Interest

Interest Rate(r): 8% = 0.08  [In decimal]

Rate of Accrual: Once per year , i.e. n=1

Time (t)= 3 years

Put all the values in the above formula , we get

\(A=9000(1+\dfrac{0.08}{1})^{1\times3}\\\\=9000\left(1.08\right)^{3}\\\\= 9000(1.259712)\\\\\approx\$11,337\)

Hence, the total amount that Tom would repay : $11,337

Answer:

option B

Explanation:

Answer:

Students have taken out higher and higher loans since 1994.

Explanation:

As per the graph,

In 1994, $10,000 worth of loans were taken.

In 2001, about $17,500 worth of loans were issued.

In 2009, close to $25,000 worth of loan was taken.

It is clear that there is an upward trend in loan uptake.  Every year, the loan amount has been higher and higher. Therefore, it is right to say that students have taken out higher and higher loans since 1994.

The  trend of the graph demonstrate that Students have taken out higher and higher loans since 1994.

Student debt are known to be debt that have been incurred by a student as a result of the loan that they have taken.

A lot of student loan debt is known to be held by people that has high incomes. From the graph we can see that the trend of the student loan is increasing yearly.

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Answer:

laziness.

Explanation:

Answer:

C. Most credits are transferable to four-year colleges.

Explanation:

Vocational schools offer training on courses that focus on skills required to undertake a particular trade or job function. In vocational training, students are prepared for specific carriers. All other unrelated subjects are disregarded. Due to this and other facts, vocational school training takes less time to complete, is less expensive, and the instructors are specialized.

One cannot transfer credits from vocation training to college. The two institutions offer varied programs that take follow diverse paths, and take different times to complete.

firstly it was totally the system's fault because they can't take risks with electricity in a local theme park as it is a must factor. even if the incident occurred they must have a good backup.

we have already discussed the facts, it was very unpleasant for the guests as they came for enjoying the moment but wasted their time due to system failure and it was very disheartening for all the people gathered there.

acknowledging guests' feelings seems to be very disheartening as they suffered because of the department's negligence and everything that happened was unexpected.

the department should be aware of every basic facility present at that moment and must have options for immediate action if something happens.

At 7.4 percent interest, it will take 9.71 years to double the money.

As per Time Value of Money,

Future Value = Present Value x (1 + Rate)^Number of years

Here Future Value = 2

Present Value = 1

Rate = 7.4% = 0.074

Putting them in value, 2 = 1 x (1.074)^n = 9.71 years

In finance and economics, interest is the payment of an amount when the borrower or custodian financial institution returns the original amount to the lender or depositor in a certain percentage by the borrower or depositors. It is different from the fee that a borrower may pay a lender or a third party.

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Answer:

(D) ​include open communication, trust, personal integrity, positive interdependence, and mutual support.

Explanation:

With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything

So as per the given situation, the above should be the answer

Answer:

A. increase in the ledger cash account balance (book balance)

Explanation:

The bank collected $1500 from the customer on behalf of the company. The amount was posted to the customer's account, increasing the company's bank balance by $1500. When the bank generates the customer's statement, the collected amount will reflect in the customer statement increasing it by $1500.

To reconcile the customer bank statements, and the customer's ledger, the amount of $1500 will have to be added to the customer's cash balance.

Answer:

b. technician b

Explanation:

Worm gear is the arrangement of gear like a worm in the vehicle. It has rack and pinion steering system. This setup provides smooth drive experience to the drivers. The excessive freeplay in such a setup is found in bushings.

Due to the fast pace of technological development, numerous dot-com companies have emerged, achieved brief success, and failed relatively quickly. As a rule, you would expect dot-com companies to have a matrix design.

Due to the rapid advancements in technology, the emergence of dot-com companies is a common occurrence, with many of these companies achieving brief success before succumbing to failure. As such, these companies are typically designed in a matrix structure, with teams consisting of multidisciplinary professionals who work together to create innovative solutions.

These solutions help the business stay competitive in the ever-changing market. In order to stay ahead of the competition, dot-com companies need to remain agile and continuously look for ways to improve their processes, products, and services.

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Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.

Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.

Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.

Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise

Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.

Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.

Explanation:

Answer:

sure

Explanation:

no image

Answer:

As a Muslim, you can celebrate Ramadan with family or/and with friends and other families. In Ramadan if you are young you get a certain amount of money form your elders and the most important thing is eat! After one month of not eating you should have fun and eat really good foods. I hope this helped!! :)

Answer:

During Ramadan Muslims abstain from food and drink during daylight hours. This fast, called sawm, is one of the five pillars of Islam. To get through a long day without food, Muslims will often wake up early to eat a meal called suhur before daybreak.

Explanation:

Answer:

Our accredited state alcohol training certification courses and food handlers courses help provide best practices and training tips for you to meet state, local, business, and professional needs. Our focus is to help you serve your patrons safely and be a successful bartender or server. Get your alcohol training certification online quickly with our training courses. Choose from the state-level seller-server course, Responsible Alcohol Manager course, Master Bartender course, Food Handler courses, and food manager certification. For bartender training, we have a two-for-one deal with our The Ultimate Guide To Bartending e-book and our Master Bartender course. Together, these provide the best seriously in-depth yet easy-to-follow book and course combination available on your iPhone, Android phone, tablet, or computer. We cover topics in our bartender courses about how to become a bartender, how old you need to be to become a bartender, how much is a bartending license, and how to get your bartender license. For reference, we have a web page dedicated to some helpful bartender career statistics in the US. For general information on obtaining a bartending license (not specific to any state), see our Ultimate Guide to Getting a Bartending License.

The Most Reputable and Recommended Alcohol Training Certification Happy bartender making a cocktail ServingAlcohol. offers the best option to accomplish your online certification. We go beyond the basics of alcohol awareness and carding techniques to deliver everything you need to know as an alcohol seller-server in your state. Over the past 35 years, we have become the most widely respected authority in responsible alcohol training by state and local officials. Our alcohol server certification program prepares alcohol sellers to sell and serve alcoholic drinks on and off-premises responsibly. We offer a wide host of state courses and bundles (combined with food safety handling courses) to suit your employment needs and business operations.

Pls Mark As Brainliest If The Answer Is Correct

Age is a physical cue I should look for when carding guests. Thus option C is correct.

Use physical clues like examples, eye contact, facial emotions, and hand-over-hand touch. Other cues can be signs, a church bells, or dimmer lights.

State rules and regulations differ when it to requesting IDs, and the FDA also establishes a minimum carding age. Congress enacted laws in December 2019 that set the frisking age at under 30 and increased the legal drinking age from 18 to 21 for all tobacco and vapor products.

While some establishments set its carding practices at a specified age level, others require employees to card ALL clients. In a few years, it's conceivable that all IDs will be scanned prior to the purchase of a time-of-life commodity. Therefore, option C is the correct option.

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116,900 copies of the novel must they sell to break even, to the nearest hundred.

In manufacturing, research, retail, and accounting, an expense is the value of money that was used  to produce a product or provide a service and  is therefore no longer available. In business, the cost may be the purchase price, in which case the cost is the amount of money used for the purchase.

The two main types of costs in businesses are

Fixed costs do not change depending on output, while variable costs. Fixed costs are sometimes called overheads.

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The primary purpose of using the subsidiary motion to Amend is to Alter the original main motion.

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