Even though paid time off is not mandated by law, most companies provide paid vacation time for their employees because research shows that workers who get vacations are more productive and less prone to job-related burnout.
Answer the following statement true (T) or false (F)
True
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On September 12, Ryan Company sold merchandise in the amount of $9800 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $6000. Ryan uses the periodic inventory system and the net method of accounting for sales. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is:
A.
| Cash | 9800? | |
| Accounts receivable | 9800? |
B.
| Cash | 9506? | |
| Accounts receivable | 9506? |
C.
| Cash | 5820? | |
| Sales discounts | 180? | |
| Accounts receivable | 6000? |
D.
| Cash | 9506? | |
| Sales discounts | 294? | |
| Accounts receivable | 9800? |
E.
| Cash | 6000? | |
| Accounts receivable | 6000? |
Keitras is a women's apparel store that specializes in winter clothing. It targets university students aged 20–25 with its trendy collection of sweaters, sweatshirts, stockings, and stoles.In the context of consumer market segmentation, which of the following types of market segmentation doesKeitrasmost likely follow?
A. Demographic segmentation B. Behavioral segmentation C. Customer-based segmentation D. Geographic segmentation
Which of the following is a generic entity type that has a relationship with one or more subtypes?
A) Megatype B) Supertype C) Subgroup D) Class
Which type of business organization has the respective rights and privileges of a legal person?
A) Sole proprietorship B) General partnership C) Limited partnership D) Corporation E) Limited liability company