A. To maintain the present profit level, we first calculate the total profit earned. The profit per unit would be calculated as the difference between the selling price and variable cost per unit ($35 - $20).
Total profit is then obtained by multiplying the profit per unit by the total units sold. The profit thus obtained needs to be adjusted for inflation, which is done using the GDP deflator.Accordingly, the total profit earned is:61,000 units × ($35 − $20) = $915,000Profits adjusted for inflation:($915,000 ÷ 1.05) × 1.06 = $871,200Sales dollars needed to earn $871,200:($20 × 1.1) + $20 + $710,000 = $932,000Consequently, volume in units necessary to maintain the present profit level:($932,000 ÷ $35) = 26,628 unitsB.
To earn the 6% increase in profits, we first calculate the new profit level, taking into account inflation. The dollar sales level can then be obtained using the profit margin of 11.1% of sales calculated from current variable costs plus overhead costs and fixed costs. Again, this value is adjusted for inflation to reflect real dollars.
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the purchase and sale of long-term assets and current investments are classified as:
ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.
Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement. It is the purchase as well as sale of long-term assets at a given period.Therefore, Investing activities is correct.
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In a slae the price of a coat was reduced by 25% if raj paid 900 for thencoat what was its original price?
Answer:
the answer to this is 3600
Explanation:
25% of ? is 900.
So 1% of ? = 900 ÷ 25 = 36
So 100% of ? = 36 x 100 = 3600.
So the original number is 3600.
If you’re thinking about a career as an applied mathematician, you should consider researching the_cluster. Within this cluster, you’ll find that most of the careers require_in order to have the knowledge and skills needed to excel in these positions.
Answer:
Mathematical literacy is the ability to analyze, reason, and communicate ideas effectively through posing, formulating, solving, and interpreting solutions to mathematical problems in a variety of situations.
The following clusters should be researched;
• Probability/Statistics
• Research/Optimization
• Discrete Mathematics
• Scientific Computing
The programs that emphasize mathematical reasoning, mathematical modeling and computation, abstraction from the particular, innovative application of mathematics, and development of new methodology.
Explanation:
62. which of the following is not a characteristic of layout decisions in system design? a. substantial investment of both money and effort b. long-term commitment c. significant impact on short-term efficiency d. usually well received by operative personnel e. can affect supplier or customer processes
The statement that is not a characteristic of layout decisions in system design is "usually well received by operative personnel". The Option D is correct.
What is the strategic importance of Layout Decisions?Basically, a layout refers to one of the key decisions that determines the long-run efficiency of operations. A layout has a strategic implications because it establishes an organization’s competitive priorities in regard to capacity, processes, flexibility, cost, quality of work life, customer contact, and image.
An effective layout will facilitates the flow of materials, people, and information within and between areas. As well, a very effective layout can help an organization achieve a strategy that supports differentiation, low cost, or response. Benetton, for instance, supports a differentiation strategy by heavy investment in warehouse layouts that contribute to fast, accurate sorting and shipping to its 5,000 outlets.
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How do political campaigns get their money?
The only source of funding for the public funding scheme and public campaign funding is the tax checkoff.
How does campaign funding work?Political candidates raise money to finance their campaigns and show the range of their support. Political party committees, political action committees, and individual donors can all contribute to campaigns.
Direct contributions to federal campaigns are prohibited from coming from businesses, labor unions, and membership organizations.
By setting up political action committees, they can have an impact on federal elections.
These committees enlist the support of members and associates in order to finance or contribute to campaigns. Federal restrictions apply to how much money PACs can raise and spend.
Taxpayers who decide to contribute directly to the Presidential Election Campaign Fund when filing their tax returns help finance some presidential campaigns.
To be eligible for these funds, candidates must consent to spending and fundraising restrictions.
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The Income Statement A. In the table below, complete the two additional columns for 1) Dollar Increase or Decrease and 2) Percentage Increase or Decrease B. Complete the common-size income statement below for both years.
To complete the additional columns for the Income Statement, follow these steps:
1. Dollar Increase or Decrease: This column shows the difference in dollar amount between the two years. To calculate it, subtract the value for the previous year from the value for the current year. For example, if the revenue for the current year is $100,000 and the revenue for the previous year was $80,000, the dollar increase would be $100,000 - $80,000 = $20,000.
2. Percentage Increase or Decrease: This column shows the percentage change between the two years. To calculate it, divide the dollar increase or decrease by the value for the previous year and multiply by 100. Using the same example as above, the percentage increase would be ($20,000 / $80,000) * 100 = 25%.
Explanation:
The Income Statement is a financial statement that shows a company's revenues, expenses, and net income or loss over a specific period. Completing the additional columns helps analyze the changes in financial performance between two years.
The Dollar Increase or Decrease column provides the actual change in dollars between the two years. This helps understand the magnitude of the change in financial figures.
The Percentage Increase or Decrease column expresses the change as a percentage relative to the previous year's value. This helps assess the relative impact of the change.
By completing these columns, you can gain a better understanding of the financial trends and performance of the company over time.
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along with a list of its long-term goals, emerson coates sends over the company's strategic plan, and you begin a detailed review. you quickly notice that there are some elements of the plan that really don't belong there.
If you quickly notice that there are some elements of the plan that really don't belong there. The elements you will choose to retain is: A. The company's plan to grow sales to exceed $10 million per year within the next 5 years.
What is strategic planning?Strategic planning can be defined as the techniques which a company or an organization make use of when planning on how to achieve their set goals.
Choosing the company plan to grow sales is the element you should tend to retain based on the fact that the strategic plan help to reflects the company priorities as well as the step the company need to take so as to achieve their strategic goals.
Based on this the plan to grow sales to exceed $10 million per annum within the next five years is a strategic goal that the you should retain.
Therefore the correct option is A.
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The complete question is:
Along with a list of its long-term goals, Emerson Coates sends over the company's strategic plan, and you begin a detailed review of the plan. You quickly notice that there are some elements of the plan that really don't belong there.
Which of the following elements will you choose to retain?
A. The company's plan to grow sales to exceed $10 million per year within the next 5 years*
B. The company's plan to replace store managers at underperforming stores
C. The company's plan to increase efficiencies through the use of wireless technology
Leadership development is the process which helps expand the capacity of individuals to perform in leadership roles within organizations. Leadership roles are those that facilitate execution of an organization's strategy through building alignment, winning mindshare and growing the capabilities of others.
Mentoring, training and organizational planning, with individual activities such as job rotation, job shadowing and project leadership, are often components of effective leadership development programs.
If you were to design the perfect leadership development plan, what would your design include? How would you know whether it was effective?
An effective leadership development program should be designed with certain components such as mentoring, training, organizational planning, job rotation, job shadowing, and project leadership.
1. Identify leadership skills and competencies: The first step in developing a leadership development program is to identify the leadership skills and competencies that are needed. This can be done through a job analysis or by looking at successful leaders within the organization.
2. Create a leadership development plan: Once the leadership skills and competencies have been identified, a leadership development plan can be created. This plan should include mentoring, training, and organizational planning, as well as individual activities such as job rotation, job shadowing, and project leadership.
3. Implement the plan: The next step is to implement the leadership development plan. This can be done through workshops, seminars, and coaching. It's important to provide opportunities for participants to practice their skills in real-life situations.
4. Evaluate the program: Finally, the effectiveness of the leadership development program should be evaluated. This can be done through feedback from participants and their managers, as well as through performance reviews. If the program is effective, participants should show improvement in their leadership skills and competencies.
Overall, a successful leadership development program should help expand the capacity of individuals to perform in leadership roles within organizations. It should facilitate execution of an organization's strategy through building alignment, winning mind share and growing the capabilities of others.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
If the order quantity doubles but the flow rate remains constant, what happens to the average amount of time a unit spends in inventory
Answer:
Increases by more than 50%
Explanation:
In the case when the order quantity is doubled but at the same time the flow rate is smae so the average time for a unit would be increased by more than 50% as if there is an increased in the demand rate so the order quantity is also increased so if the number of units generated doubles than the activity per time is also rised by 50% thats why it should increased more than 50%
How much will we end up buying?
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
Tyson is researching the benefits of solar energy. Which is the most credible source on his list? a blog about whether solar energy is more effective than other forms of energy a university’s website that provides information about a recent solar energy study a company’s website that sells solar energy panels to the general public a blog that provides information about ways solar panels can help people cut energy costs.
The most credible source on Tyson's list of his research into the benefits of solar energy is a university website that provides information on a recent study of solar energy.
When conducting a research, it is essential to research reliable sources, as there is a lot of information available on the internet that is often not complete or true.
A recent study of solar energy available on a university website is therefore the most trusted source on Tyson's list, as academic studies are based on scientific methods to substantiate a topic.
Therefore, through the scientific methodology there is the reliability of the study having been carried out through rigorous procedures, research and evidence to support what is being proposed by the theme.
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B: a university's website that provides information about a recent solar energy study
tell me a story that has happened to you who evers is best i’ll give you point or whatever
Explanation:
Soo- one time i was in mexico, snorkeling :D
and my dad surprised me with something i didn't expect. a banana. at first i was verrrrrry annoyed, i thought i would've gotten some new gear or stuff. out of nowhere, he takes the bananas out of his pocket and pushes me and my siblings in the water. he chucks a banana at me and i get salt in my eyes, screaming in pain because i hadn't put my goggles on. we swam out to sea, the banana absorbing the salt water. then- the last thing i would expect happened. A SEA TURTLE SNAPPED IT OUT OF MY HANDS LOL
i hope u enjoyed my story :D
Explain why pricing goods is easier than pricing services.
Answer:
The answer is below
Explanation:
pricing goods is easier than pricing services because price goods will require you to measure the cost of inputs to make the goods. This will include the cost of raw materials, cost of labor, cost of marketing, and other associated costs that can easily be derived before the final goods are produced.
However, pricing services is difficult because, to measure the value of the time you used in delivering your services is not straight forward, and also, measuring the actual value of the services rendered is not easier to conduct, because it is not direct either.
the administrative purpose of a performance management system refers to
Performance management is a continuous process that assesses and measures individual and organizational performance. It involves establishing expectations, analyzing performance, providing feedback, coaching, and developing plans to improve performance.
The administrative purpose of performance management refers to the role of the performance management system in facilitating organizational decision-making and administrative processes. This purpose is mainly focused on administrative decision-making. It is a critical role that performance management plays in ensuring the development of employee's knowledge, skills, and abilities.
Performance management assists managers and organizations in identifying high and low performing employees. In turn, managers can develop action plans, allocate resources, and provide coaching and feedback to low-performing employees. The administrative purpose of performance management is to provide information that assists organizations in making administrative decisions about promotions, rewards, and employee development. Performance management is vital to organizations because it helps them identify and address issues that affect organizational performance. It can enhance communication and collaboration among employees, improve employee engagement, increase productivity, and contribute to the achievement of organizational objectives.
Therefore, organizations should invest in developing and implementing effective performance management systems that align with their goals and objectives. In conclusion, the administrative purpose of a performance management system is to facilitate organizational decision-making and administrative processes.
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How is the following scenario counted for the purposes of determining GDP? Mike buys a new house on a cul-de-sac
The purchase of a new house by Mike on a cul-de-sac is counted in the calculation of GDP as part of the investment component. It is considered a capital investment because the house is a durable good that is expected to provide economic benefits over a long period of time.
The purchase of the house is included in the Gross Private Domestic Investment (GPDI) category of GDP, which includes all expenditures made by businesses and households for new construction, machinery, equipment, and changes in inventories.
The purchase of a new house adds to the stock of physical capital in the economy and contributes to the long-term economic growth. However, it is important to note that the value of the house is only counted once in GDP, at the time of its initial purchase, and not in subsequent years.
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Can someone please help me!
Answer:
The awnser is the Nature of Business
Answer:
nature of business that's
"1. What are the classes of transactions involve in the
expenditure cycle ?
2. What are the documents and records used in expenditure cycle and
there audit significance?
The expenditure cycle involves various classes of transactions related to the acquisition of goods and services. The documents and records used in the expenditure cycle hold significant importance in auditing these transactions for accuracy, authorization, and proper recording.
1. Classes of Transactions in the Expenditure Cycle: The expenditure cycle includes several classes of transactions, such as purchase requisitions, purchase orders, receiving reports, vendor invoices, and payment transactions.
These transactions represent the process of acquiring goods or services from suppliers and subsequently making payments for those expenses.
2. Documents and Records in the Expenditure Cycle and Their Audit Significance: Several documents and records play a vital role in the expenditure cycle and are crucial for auditing purposes. These include:
a. Purchase Requisitions: These documents initiate the purchase process and provide details of the requested goods or services. They are audited to ensure that purchases are necessary and authorized.
b. Purchase Orders: These documents formalize the agreement between the buyer and the supplier, specifying the items, quantities, prices, and delivery terms. Auditors review purchase orders to verify the accuracy and completeness of the purchase transaction.
c. Receiving Reports: These documents record the receipt of goods or services, including details such as quantities, condition, and conformity to specifications. Auditors use receiving reports to confirm that the goods or services were received as stated on the purchase order.
d. Vendor Invoices: These documents represent the supplier's billing for the goods or services provided. Auditors examine vendor invoices to ensure accuracy, proper authorization, and adherence to contractual terms.
e. Payment Transactions: These records document the disbursement of funds to vendors. Auditors review payment transactions to verify the appropriateness of payments, proper authorization, and accurate recording in the accounting system.
The audit significance of these documents and records lies in ensuring the completeness, accuracy, and authorization of expenditure transactions.
Auditors assess the internal controls over these documents, validate the accuracy of recorded amounts, verify the proper authorization of transactions, and ensure compliance with applicable regulations and policies.
Overall, the proper documentation and recording of transactions in the expenditure cycle, along with robust internal controls, are essential for reliable financial reporting and effective audit processes.
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the business management system with the lowest initial or startup expenses is
Based on business administration the business management system with the lowest initial or startup expenses is the "Research and Development management system."
This is because a research and development management system is characterized by evaluating, analyzing, and assessing all the factors and elements that go into the production.By gathering necessary data, and combining them with the idea of production makes the services produced by the research and development management system be less capital intensive compared to others.The major components need in settling the R&D management system startup are human resources and the use of some of the basic computer devices.Hence, in this case, it is concluded that that the business management system with the lowest initial or startup expenses is the "Research and Development management system."
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Answer: Software-as-a-Service (SaaS) Option
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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when jamal graduated from college recently, his parents gave him $1,000 and told him to use it wisely. jamal decided to use the money to start a retirement account. after doing some research about different options, he put the entire amount into a tax-deferred ira that pays 11 percent interest, compounded annually. calculate how much money jamal will have in his ira at the end of 10 years, assuming that the interest rate remains the same and that he does not deposit any additional money.
Jamal's IRA will have $3,593.74 at 10 years' end, considering compounding interest on the initial $1,000 investment.
To calculate the future value of Jamal's IRA after 10 years, we can use the formula for compound interest:
Future Value = Principal * (1 + Interest Rate)^Number of Periods
In this case, the principal is $1,000, the interest rate is 11 percent (or 0.11), and the number of periods is 10 years. Plugging these values into the formula, we get:
Future Value = $1,000 * (1 + 0.11)^10
= $1,000 * (1.11)^10
= $1,000 * 2.8531167065
= $2,853.12
Therefore, Jamal will have approximately $2,853.12 in his IRA after 10 years. However, it's important to note that the question asks for the amount at the end of 10 years, and since the interest is compounded annually, there will be one more year of compounding.
To calculate the final amount, we need to compound the interest for one more year:
Future Value = $2,853.12 * (1 + 0.11)
= $2,853.12 * 1.11
= $3,167.84
Rounding to the nearest cent, Jamal will have approximately $3,167.84 in his IRA at the end of 10 years.
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What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profit the producer hopes to receivec. the cost, at the current level of production, of producing one more roll of filmd. the price the consumers are willing to pay for a roll of film
Answer:
d. the price the consumers are willing to pay for a roll of film
Explanation:
The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.
To what extent will this emerging technology foster
sustainability practices on the economy in JAPAN
Answer:
Explanation:
New technologies have the potential to significantly advance sustainable practices in the Japanese economy. Known for its high level of technological development and commitment to sustainable development, Japan has actively explored and adopted various new technologies to solve environmental problems and promote a greener economy. Here are some areas where new technologies can promote sustainable practices in Japan.
1. Renewable energy: Emerging technologies such as solar energy, wind energy and advanced energy storage systems can play an important role in increasing the share of renewable energy in Japan's energy mix. These technologies can help reduce dependence on fossil fuels, reduce greenhouse gas emissions and promote the transition to a more sustainable and low-carbon energy sector. 2. Smart grids and energy management: The deployment of smart grid technologies and advanced energy management systems can enable better integration of renewable energy sources, improve energy efficiency and optimize energy consumption. Smart grids enable real-time monitoring, demand response mechanisms and efficient energy distribution, leading to more sustainable energy practices.
3. Electric vehicles (EV) and charging infrastructure: The introduction of electric vehicles in Japan, along with the expansion of EV charging infrastructure, can help reduce carbon emissions from transportation. New technologies related to battery technology, charging stations and vehicle network integration can improve the profitability and sustainability of electric mobility in Japan.
4. Internet of Things (IoT) and data analysis: IoT and data analysis enable better monitoring and management of resources, optimization of energy consumption and reduction of waste in various sectors. Smart sensors, connected devices and data insights can support more efficient operations in industry, transport systems, buildings and urban planning, leading to better sustainability outcomes.
5. Circular economy and waste management. The development of technologies can promote the development of a circular economy by promoting recycling, utilization of resources and waste. Advanced recycling technologies, waste-to-energy systems and smart waste management platforms can help minimize waste generation, improve resource efficiency and reduce environmental impact.
6. Sustainable agriculture and food systems. Technologies such as precision agriculture, vertical farming and hydroponics can improve agricultural productivity, reduce water and chemical use and promote sustainable food production. Effective supply chain management and monitoring systems based on new technologies can also help reduce food waste and ensure sustainable food practices. It is important to note that while new technologies offer significant potential to promote sustainable practices, their successful implementation requires supportive policies, investments and collaboration between government, industry and research institutions. In addition, the potential environmental and social impacts associated with the life cycle of these technologies must be carefully considered to ensure a holistic practice of sustainability in the Japanese economy.
show your work and explain in a full sentence how 4 2-6 is equivalent to 3 8-6.
Answer:
\(4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}\)
Explanation:
Given
\(4\frac{2}{6}\) and \(3\frac{8}{6}\)
Required
Show that they are equivalent
To do this, we simply convert both fractions to either decimal or improper fraction
Using improper fraction
\(4\frac{2}{6} = \frac{6 * 4 + 2}{6}\)
\(4\frac{2}{6} = \frac{24 + 2}{6}\)
\(4\frac{2}{6} = \frac{26}{6}\)
\(3\frac{8}{6} = \frac{6 *3+8}{6}\)
\(3\frac{8}{6} = \frac{18+8}{6}\)
\(3\frac{8}{6} = \frac{26}{6}\)
After converting both to improper fraction, we have:
\(4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}\)
Hence, both are equivalent
A convertible bond has a conversion price of $40 and is currently selling in the market at $950. the conversion ratio is:__________
Based on the conversion price and the current selling price, the conversion ratio of the convertible bond is $25
What is the conversion ratio?The conversion ratio of a bond can be found as:
= Par value of bond / Conversion price
The par value of a bond is often $1,000 so the conversion ratio is:
= 1,000 / Conversion price
Solving gives:
= 1,000 / 40
= $25
In conclusion, the conversion ratio is $25.
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.A manufacturing business has purchases of raw materials of $4,500, closing inventory of $1,400 and opening inventory of $800. What is the cost of raw materials used in production?
Answer:
Cost of raw materials used = $5,100
Explanation:
Given:
Purchases of raw materials = $4,500
Closing inventory = $1,400
Opening inventory = $800
Find:
Cost of raw materials used
Computation:
Cost of raw materials used = Opening inventory + Purchases of raw materials - Closing inventory
Cost of raw materials used = 1,400 + 4,500 - 800
Cost of raw materials used = $5,100
When aksed if a company should drop a product, a segment or line of business, what is a key question that should first be asked?.
The key question that should first be asked will be: Will any of the fixed costs go away? If not, ignore them in the decision process.
The fixed cost of a business needs to be decreased if a company is not generating the desired output. Whatever strategy you formulate for increasing the output or decreasing the input should focus on lowering the fixed cost.
You should take the necessary step of either finishing just a product, a line of business depending on the strategy which will make the fixed cost go away. Normally, a fixed cost remains unchanged unless a product or a line of business is dropped.
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Assume that Raji Patel is a vice-president in
Required
ComputePatel's gross pay, payroll deductions, and net pay for the full year
2018.
Compute Maple Capital's total
2018 payroll expense for Patel.
Prepare Maple Capital's general journal entries for December 31 (explanations are not required) to record its expense for the following:
Patel’s gross pay for the full year 2018 is $780,000
Patel’s payroll deductions for the full year 2018 are $96,330
Maple Capital’s total payroll expense for Patel for the full year 2018 is $876,330.
Given,
Raji Patel is a vice-president in Maple Capital and earns a salary of $65,000 per year.
Compute Patel's gross pay, payroll deductions, and net pay for the full year 2018.
Gross Pay:
The amount of money earned before deductions such as taxes and insurance are subtracted from a person’s paycheck.
Patel’s gross pay for the full year 2018 is:
Gross Pay = Salary x Number of Pay Periods
= $65,000 x 12
= $780,000
Payroll Deductions:
The deductions which are subtracted from an employee’s paycheck are known as payroll deductions.
Deductions can include taxes, insurance, and other benefits.
Patel’s payroll deductions for the full year 2018 are:
Payroll Deductions = Social Security (6.2%) + Medicare (1.45%) + State Income Tax (5%)
= (6.2% + 1.45% + 5%) x $780,000
= 0.1235 x $780,000
= $96,330
Net Pay: The amount left over after payroll deductions are subtracted from gross pay is known as net pay.
Net Pay = Gross Pay - Payroll Deductions
= $780,000 - $96,330
= $683,670
Compute Maple Capital's total 2018 payroll expense for Patel.
Payroll Expense: The amount of money an employer spends on payroll, including salaries, wages, and other benefits, is known as payroll expense.
Maple Capital’s total payroll expense for Patel for the full year 2018 is:
Payroll Expense = Gross Pay + Payroll Taxes and Contributions
= Gross Pay + (Social Security + Medicare + State Income Tax)
= $780,000 + $96,330
= $876,330
Prepare Maple Capital's general journal entries for December 31 (explanations are not required) to record its expense for the following:
Date Account Title Debit Credit
Dec 31Salaries and Wages Expense$65,000
Social Security Taxes Payable$4,030
Medicare Taxes Payable$942
State Income Taxes Payable$3,250
Cash$56,778
Note: The above journal entry is for recording the salary and payroll taxes payable for the month of December, assuming that Maple Capital pays salaries on a monthly basis.
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barrier scuba equipment purchased supplies costing $3,000 on credit. identify the journal the transaction would be recorded in:
Barrier scuba equipment purchased supplies costing $3,000 on credit. identify the journal the transaction would be recorded in: Purchases journal.
A financial transaction is an agreement, or conversation, among a consumer and supplier to change goods, offerings, or belongings for fee. Any transaction entails a trade in the repute of the price range of two or more businesses or people.
A transaction is a completed settlement among a buyer and a dealer to exchange goods, services, or financial assets in return for cash. The term is likewise normally used in company accounting.
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