A contract for the sale of $400 worth of merchandise must be in writing
Indicate whether the statement is true or false
F
You might also like to view...
Mason's is an apparel store that also offers online shopping apart from its stores. Therefore, Mason's is a(n)
A. electronic retailer. B. computerized retailer. C. single-channel retailer. D. direct seller. E. multichannel retailer.
The Lily Company uses the percent of receivables method of accounting for uncollectible accounts receivable., and a perpetual inventory system. As of January 1, its net accounts receivable totaled $192,000 (Accounts Receivable $200,000 less an $8,000 Allowance for Doubtful Accounts). During the current year, the following transactions occurred. 1)Merchandise costing $1,050,000 was sold on account for $1,400,000. 2)The company collected $1,294,000 from customers on account.3)$6,000 of accounts receivable were deemed uncollectible and written off.4)$1,000 of accounts receivable previously written off as uncollectible were recovered.5)At year-end, Lily Company estimates that 4% of its accounts receivable are uncollectible.Prepare journal entries to record these transactions.
What will be an ideal response?
As assistant manager of a discount department store, you have been asked to review the store's policy concerning shoplifters. (a) Discuss the legal standard used in most states governing the detention of suspected shoplifters. (b) In reviewing the store's policy, discuss some of the items that you will consider
Compared to traditional coding practices, which of the below is NOT an advantage of pair programming?
A) More (and better) communication among developers B) Higher levels of productivity C) Higher-quality code D) Coding written in silos