A business maintains subsidiary accounts for each of its customers. On April 7, the business provides $2,500 in services to Anne Hill on account. The business sells $4,000 (sales price) of merchandise inventory to Ron Wilson on account.
The full amount was collected from each customer on April 26.
Prepare the journal entries for April 7 and April 26. Ignore Cost of Goods Sold and omit explanations.
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Sasha’s organization offers employees a choice of different benefits. Since Sasha has two children, she selected childcare vouchers and sick child coverage from the list of benefits. The benefits managers at Sasha’s organization seem to have considered the importance of ______ in providing benefits programs.
A. amount B. mix C. flexibility D. vesting
Why do firms that enter into foreign trade need to adhere to the principles of the marketing mix?
What will be an ideal response?
The user of a commodity such as wheat hedges against a price increase by entering a contract to deliver wheat.?
Answer the following statement true (T) or false (F)
Which of the following people would most likely be in favor of tort reform?
A) a parent whose child has elevated lead levels due from a toy made in China B) a lawyer who just won a multimillion-dollar case on behalf of customers injured by defective curling irons C) an advocate who is concerned about the ability of injured parties to be fairly compensated for their damages D) an analyst who feels that the cost of litigation is driving up the cost of insurance E) a consumer who wants to have easy access to file a lawsuit should he be injured by a faulty product