gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, acorn company returns $500 of damaged merchandise and a check for ________ to settle the account.

Answers

Answer 1

Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account

Using this formula

Check amount=(Merchandise sold- Merchandise return)-  [(Merchandise sold- Merchandise return)× Discount]

Where:

Merchandise sold=$4,000

Merchandise return=$500

Discount=2%

Let plug in the formula

Check amount=($4,000-$500)-[($4,000-$500)×2%]

Check amount=$3,500-($3,500×2%)

Check amount=$3,500-$70

Check amount=$3,430

Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.

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Related Questions

Which of the following is NOT classified as a day-to-day or personal expense students may have?
O Car loan payments
O Laundry
O Cell phone bills
O Tuition

Answers

Answer:

Laundry

Explanation:Casually, it's not everyday that a student will have the need to pay to/use laundry machines/ products.

Answer:

laundry

Explanation:

you won't need to go and wash laundry every day, can even use a personal washing machine to do laundry

Prompt
What is debt?

Answers

Answer:

debt is when you spent more money than you had

Is when u owe on something cause u did not have enough money to cover the original cost

What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?

A. The borrower can ask for fees and penalties to be eliminated.

B. The borrower can ask for a reduction of the interest rate.

C. The borrower can ask to be absolved of some of the debt.

D. The borrower can ask for the monthly payment to be reduced.​

Answers

The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

What happens if the borrower fails to repay the loan?

A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).

When the repayment is  overdue, the lender can seize the asset of the borrower and when a  borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

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Answer:

C. The borrower can ask to be absolved of some of the debt

Explanation:

8. One of Hope's coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover
the shifts. Which of Hope's deductions will definitely change as a result?
a. Her Federal tax
b. Her health
C. Her dental
d. Her retirement

Answers

Answer:

A

Explanation:

The aspect of Hope's deductions that will definitely change as a result is Her Federal tax

Federal income taxes are simply known to be collected by the federal government to pay their bills

State taxes are often collected by individual state governments to pay their specific state bills.

Income tax are simply regarded as Taxes on income, both earned in salaries, wages, tips, commissions and also those unearned in form of interest and dividends.

Conclusively, Income taxes can be levied on both individuals and businesses.

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If you earn 7.5% interest in one year on your $ 3000 investment and pay 20%
interest in one year on a credit card balance of $ 1500, how much money did you
make (or lose)?
A. -$275.
B. -$75.
C. +$75.
D. +$275.

Answers

Answer:

B. -$75

Explanation:

The __________ is the set of guidelines issued by the EEOC and other agencies to identify how an organization should establish a recruitment process that is free and fair. Multiple Choice Code of Federal Regulations Equal Opportunity Legislation and Policy Uniform Guidelines on Employee Selection Procedures Uniform Commercial Code Equal Employment Opportunity Commission's Employer Information Report

Answers

Shehhshshhekejsbhdjshshbebshshs

what two methods of depositing and withdrawing money are most convenient for you? why?

Answers

Two methods: make deposits and withdrawals from a checking account: by going to a bank branch and working with a bank teller, or by using the nearest ATM you can find.


Hope this helps!! :)

There are two ways to deposit money into and withdraw money from a checking account: either visit a bank branch and deal with a bank teller there, or use the closest ATM you can find.

What is ATM ?

One of the easiest and fastest ways to deposit money into your account is by using a credit card or debit card. These bank cards are widely used, therefore you are no longer need to open a separate account. Additionally, money is transferred to your account balance right away.

Customers of financial institutions can conduct financial activities, such as cash withdrawals, deposits, funds transfers, balance inquiries, or account information enquiries, at any time and anywhere using an automated teller machine (ATM), sometimes known as a cash machine in British English without having to speak to a bank employee directly.

Customers can use an ATM to access their bank deposit or credit accounts and perform a number of financial operations, including checking their balances, withdrawing cash, and transferring credit to and from mobile devices.

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# SPJ 5

if the senate wants to expel a member, how many senators have to agree?

Answers

Answer:

25

Explanation:

what is the name of the file management application?

Answers

Answer:

Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.

ballot measures sponsored by businesses or business groups are much more likely to pass than those initiatives sponsored by citizen groups.

Answers

Ballot measures that are sponsored by businesses or business groups are indeed more likely to pass than those brought by citizen groups. This is therefore a true statement.

Ballot measures by business and business groups have a higher chance of becoming law because:

Businesses will fund the measure better which ensures greater reach Businesses have greater influence than individual citizens

As a result of businesses being able to fund their measures more. They will advertise it across the area which will increase its chances of being voted for. Businesses can also mobilize more people to vote for the measure than individual citizens.

In conclusion, ballot measures by businesses have a better chance of passing.

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Nordstrom recently launched a new website, www.NordstromSilverScreen, which features fashion information and music videos. It also includes interactive features that allow you to dress a mannequin and play around in an interactive mixing room, where you can create your own music remix while mixing and matching outfits. Nordstrom Silverscreen is an example of :__________

Answers

Answer:  Experience Gives Nordstrom Customers Interactive Video, Fashion, Music and remix of the song by mixing and matching clothes on a mannequin.

Explanation:

QUESTION 4 of 10: When estimating income, it is better to be:
a) A little low
b) A little high
c) Either, it doesn't matter

Answers

Answer:

A, it should be a little low

Hope this help please give the brainliest award.

B) a lil high because you need to be able to have extra money just in case some was to happen.

PLEASE HELP ME I NEED HELP!!!!!!
Which of these factors would NOT cause the demand curve for a particular good to shift?

Group of answer choices

a change in the costs of a necessary factor of production

a change in the number of consumers in the market

a change in the level of consumer income

a change in consumer preference

Answers

Answer:

a change in the level of consumer income

Explanation:

i did the problem recently :)

You downloaded several of your favorite songs and used them in an ad to promote your product on social media sites. The ad was rejected because of the songs you chose. You are told that you violated Fair Use copyright.

Which three are factors used to evaluate Fair Use copyright? (Choose three)

Purpose of your use


Obtained from a subscription website


If it is for use by a teacher or student


Effect of your use on the potential market of the work copied


Copied form a work purchased by a friend


Amount of the work copied

Answers

Answer:purpose of your use

Effect of your use on the potential market of the work copied

Amount of the work copied

Explanation:

Fair use is a law that permits the party to use a copyrighted work without the copyrighter's owner's permission. It can be used for criticism, teaching, news reporting, or research.

The correct answers are:

purpose of your use Effect of your use on the potential market of the work copied Amount of the work copied

The fair use of copyrights can be explained as:

1. The purpose and the character of the user are considered as a violation of the Fair Use Copyright law.

2. The substantiality or the amount of portion used is also termed as the violation of the Fair Use Copyright.

3. The effect on the potential market of the copied work without agreement is considered a violation of copyright use.

Thus, the purpose, amount, and effect of the content used is considered a violation of fair use copyright.

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Betty's employees' performance is the lowest of the company. Most of Betty's employees have
been with the company less than 2 years. Those that have been with the company for more
than 2 years are visibly unhappy at the company. These results are drastically different than
most of the other teams in the company.

Do you think Betty is a good manager? List facts that support your decision

Answers

Answer: Define job performance, organizational citizenship, absenteeism, and turnover.

Explain factors associated with each type of work behavior.

One of the important objectives of the field of organizational behavior is to understand why people behave the way they do. Which behaviors are we referring to here? We will focus on four key work behaviors: job performance, organizational citizenship behaviors, absenteeism, and turnover. Note that the first two behaviors are desirable ones, whereas the other two are often regarded as undesirable. While these four are not the only behaviors organizational behavior is concerned about, if you understand what we mean by these behaviors and the major influences over each type of behavior, you will gain more clarity about analyzing the behaviors of others in the workplace.

Explanation:

Using the amount of his current paycheck, Miguel created a series of financial goals and strategies. Which type of financial risk might this cause for him in the future?
✅income risk
- interest rate risk
- personal risk
- inflation risk

Answers

The Inflation risk is the financial risk might affect Miguel in the future.

The financial risk are risk that pose the possibility of losing one's money on an investment or business venture.

Here, it is obvious Miguel financial goals and strategies may involve investment with his Current paycheck say $1,000,000.

If he invest in a Money market now which pays 10%, Inflation will cause the purchasing power of the amount e invested to reduce in the future.

Thus, the Inflation risk, also called purchasing power risk is the financial risk that might affect Miguel financial goals and strategies.

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what are 4 most common financial institutions

Answers

Answer:

The most common types of financial institutions are commercial banks, investment banks, insurance companies, and brokerage firms.

Explanation:

Stanley is 21 years of age, single, living at home with Mom, Dad, and his younger sister, but he is not claimed by his parents. Stanley worked at Hot Dog Heaven and earned $9,325 in 2018 and filed a federal1040 tax return. He plans to attend college full-time. What documents does he need to complete his FAFSA application?

Answers

The document that he needs to complete his FAFSA application is D. None of the above.

FASFA Application is an acronym for The Free Application for Federal Student Aid. This is an application that is done that allows students to be considered for Federal student aid.

The documents that a student needs to complete his FAFSA application include one's security number, the Federal Income tax returns, and every other record of the money that the person has earned.

From the complete question, none of the above options are given, therefore, the correct option is None of the above.

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1. how many members participate in h&m’s loyalty program worldwide?

Answers

Answer:

H&M now has over 100 million members.

Explanation:

hope it can help

age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental ________.

Answers

Age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental "Milestone."

In this context, a Milestone is generally defined as a significant period in an individuals' life when progress or substantial advancement is made.

A Milestone could be considered to be any of the following:

Earning a college degree;Leaving parents to stay alone;Getting a job after University;Getting Married;Having a baby after marriage;Rising to the position of a CEO in a company;Retirement from work after an illustrious career, etc.

Hence, in this case, it is concluded that a Milestone is an achievement or point every man should look forward to.

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Answer: milestones

Explanation:

what approach to strategic hrm deploys bundles of internally consistent hr practices to improve employee ability, motivation, and opportunities across the entire organization?

Answers

The "High performance work system" is the approach deployed by Human resources manager to improve employee ability, motivation, and opportunities.

Basically, the Human resources manager belongs to the department which is responsible for motivating and ensuring the well-being of employees so that productivity can be achieved at the workplace.

The High performance work system is the type of system that creates an environment which allows the employees to be greatly involved in activities which with greater responsibility.

The HRM deploys the HPWS because its allows the employees to feel and take more responsibility for improving the organization's products, services and processes.

Learn more about HPWS here

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true or false? checks are documented individually on a deposit slip.

Answers

Answer:

i believe that it is true

Explanation:

do you want high or low interest rate on loan/credit explain

Answers

Answer:

Low interest rate is better because you will payback less

Explanation:

a company that allows you to license software monthly to use online is called

Answers

Answer:

marketable service product

Explanation:

A company that allows you to license software monthly to use online is an example of. ... A company that allows you to license monthly to use online is an example of what these companies consider to be a “marketable service” product.

somebody help me pls

Answers

Answer:

with what do you need help with

Answer:

with what

Explanation:

what

As more and more Baby Boomers retire, companies are realizing that they are losing many of their most knowledgeable employees. Which force is impacting them in this situation?
Multiple Choice
A-global
B-human resource
C- poll-regulatory
D- competitive
social

Answers

I think it’s B not 100% for sure

The Force is impacting them in this situation is a social force. Thus the correct answer is E.

What is baby boomers?

A person born between the conclusion of World War II and the middle of the 1960s is referred to as a "baby boomer" because of its importance in the population. Confidence, teamwork, self-happiness, health and wellbeing, employment, and participation are among the basic values of Baby Boomers.

In order to successfully meet the demands of many cultures, marketers closely watch social trends. As social factors alter over time with demographic shifts, we take into account attitudes toward employment and lifestyles.

So when more baby boomers got to retire, companies realize that they are losing many of knowledgeable people who play a crucial role and appeared as a social force in this situation.

Therefore, option E social is appropriate.

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#SPJ2

Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?

Answers

The "cost of good sold" is not recorded in the journal entry to record the cash receipt.

In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.

Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.

Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.

The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.

Therefore, the account which is not recorded is the "Cost of goods sold".

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beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be ______.

Answers

Using the first-in, first-out inventory system, the cost of the 3 goods sold is assumed to be $30.

The first-in, first-out is an inventory system where the cost of good sold would be taken from inventories that were bought the earliest. The cost of ending inventory would be the inventories that were purchased last.

The cost of the 3 units of the goods bought would be the cost of the beginning inventory. The cost of the beginning inventory is $10.

The cost of goods sold = cost of beginning inventory x units sold.

$10 x 3 = $30

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when ramiro inspires his employees to do their best to help the organization meet its goals, he is:

Answers

He is Inspirational

When ramiro inspires his employees to do their best to help the organization meet its goals, he is leading.

Who is a leader?

This is a person that has the qualities and the capacity to drive a group in the right direction.

A leader has to be someone that is inspirational. As a leader, Ramiro should be able to help the organization to attain their goals.

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does anyone how how i can get a hold of my own FAFSA records if im under 18?

Answers

Answer:

Log onto the FASFA app, and if you know the info of the person you're looking for or just call Department of Education 1800 621 3115

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