An invoice used as a source document for recording a sale on account.
answer choices
sales invoice
invoice
receipt
memorandum
Answers
In the following question, among the given options, option A). "Sales" invoice is the invoice used as a source document for recording a sale on account.
A sales invoice is a legal record that outlines the terms of a transaction, including a description of the goods or services offered, the price agreed upon, the date of payment, and the terms of the sale. A sales invoice is an essential tool for accounting purposes because it provides a document trail that can be used to track sales, inventory, and other financial information.
Sales invoices can be created manually or electronically. When an invoice is generated electronically, it can be automatically updated to reflect changes in the price or terms of the sale. Additionally, electronic invoices can be used to streamline the payment process by enabling customers to pay their bills online.
To summarize, a sales invoice is a document used to record the terms of a transaction for a sale on account.
Therefore, option A). "Sales" is the correct answer.
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Related Questions
Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A realizes a gain on the sale of the building, equipment, furniture and fixtures, and land. Individual A rented the building to commercial tenants. What is the character of the gain realized?
Answers
Answer:
Recognized gain
Explanation:
The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.
true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly
Answers
Answer:
FalseExplanation:
A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.
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In testing inventory at an audit client in the retail industry, you note that some of the inventory is contracted to be held on consignment. As a result, which financial statement assertion is now relevant ?
a. Rights and obligations.
b. Completeness.
c. Existence or occurrence.
d. Valuation or allocation.
Answers
When inventory is tested with audit customers in the retail industry, we find that some of the inventory is contractually consigned. This means that a) rights and obligations settlement enforcement is now relevant as well.
Rights and obligations are the basic statements used in the preparation of financial statements to show that an organization has ownership over its stated assets and is obligated to pay its stated liabilities. For example, you can demand the right to have children or the right to make decisions about your children's education. An attendant duty is to properly educate them as good citizens, introduce them to the culture of their society, and teach them right and wrong. A right is what you want others to do to you, and a duty is what you ought to do for others.
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identify ten entrepreneur and classify them under the types of entrepreneur
Answers
Answer: There are only five types of entrepenuer...
1. Skeptical entreprenuer: Sees the success of others and questions it.
2. Copycat entreprenuer: Sees the success of others and copys them exactly.
3. Research entrepreneur: They research every possible scenario and outcome for strategies to start or grow a business...
4. The determined entrepreneur: - hasn't made it yet- but will.
5. The accolmplished entrepreneur: Has gone through all types of entrepreneur and has built success from it.
Explanation: Hope this helps!
Deep Space Aeronautics is developing a profit-sharing plan. Randy, the human resource manager, assumes the employees are excited to participate in this start-up company's success. However, a supervisor tells Randy about anxiety surrounding a rumor that employees will lose money if the company has a bad year. How should Randy address this problem with employee morale
Answers
The statement " Meeting should be conducted in order to teach about the profit-sharing & how it should be a benefit to the employees" is considered.
The information related to the profit-sharing plan is as follows:
It is a retirement plan that provides the share to the employee from the company profits. Here the employee should receive the percentage of the company profits that depend upon the quarterly or annual earnings.Ben was required to conduct the meeting in order to conduct the knowledge related to the norms and the profit-sharing details.
Therefore all other statements need not be considered.
So we can conclude that The statement " Meeting should be conducted in order to teach about the profit-sharing & how it should be a benefit to the employees" is considered.
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Which cable news network produces the most straight reporting?
A. MSNBC
B. ESPN
C. CNN
D. FOX
Answers
Answer:
C.
Have a good morning✨
Answer:
A
Explanation:
Which of the following may not make you eligible for loan forgiveness?
Having a qualifying public service job like working in government or in a non-
profit
Being on an income-driven repayment plan that lasts for 20 or 25 years
Being in an entry-level position for 2-3 years
О.
Teaching in a low-income public school
Submit
Answers
There are several ways to qualify for loan forgiveness but one way that isn't is Being in an entry-level position for 2-3 years.
What is loan forgiveness?This is a scheme where a person can either be forgiven for all of their student loans, or a portion of it.
Those who work in government organizations, and non-profits can qualify for this as well as those on an income-driven repayment plan. Being at an entry-level position for 2-3 years does not qualify you.
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One definition of information structures is that they are a way of organizing information. True or false?.
Answers
The given statement is false. One definition of information structures is that they are a way of organizing information.
Information is stimuli that have meaning in a few contexts for its receiver. when information is entered date and up-to-date in a pc, it's miles normally updated facts. After processing -- which includes formatting and printing -- output facts can again be perceived as data.
On this web page you could discover 44 synonyms, anup to denim, idiomatic expressions, and related words for records, like the message, information, understanding, expertise, received information, lore, record, word, information, guidance, and notice.
The information allows for warding off the duplication of studies. statistics stimulate the notion technique of the cusupupdated, mainly the scholars. facts help the scientists, engineers, students, etc. updated get well informed with the modern-day advancements of their up-to-date, and up to date hold them.
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Jonczyk Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $451,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $74,000. Project B will cost $288,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $50,000. A discount rate of 9% is appropriate for both projects
Calculate the net present value and profitability index of each project.
Project A project B
net present value _________
profitability index _
Answers
Net Present Value (NPV): This technique calculates the present value of expected future cash flows, discounted at a specified cost of capital.
If NPV is positive, the investment is considered acceptable, whereas if it is negative, the investment should be rejected. Project A:
\(NPV of Project A = - $451,000 + PV of net annual cash inflows\)
\(PV of net annual cash inflows = $74,000 [((1- (1/ (1+0.09)^11))/0.09)]= $596,792.33\)
\(NPV of Project A = - $451,000 + $596,792.33 = $145,792.33\)
\(Project A has a positive NPV, hence it is acceptableProject B:\)
\(NPV of Project B = - $288,000 + PV of net annual cash inflows\)
\(PV of net annual cash inflows = $50,000 [((1- (1/ (1+0.09)^11))/0.09)]= $404,332.45\)
\(NPV of Project B = - $288,000 + $404,332.45 = $116,332.45\)
Project B has a positive NPV, hence it is acceptable Profitability Index: It is the ratio of present value of net cash inflows of the proposal to the initial cash outflow.
Project A:
\(Profitability Index of Project A = PV of net annual cash inflows / Initial cash outflow\)
\(Profitability Index of Project A = $596,792.33 / $451,000 = 1.32\)
\(Project A has a profitability index of 1.32Project B:\)
\(Profitability Index of Project B = PV of net annual cash inflows / Initial cash outflow\)
\(Profitability Index of Project B = $404,332.45 / $288,000 = 1.41\)
\(Project B has a profitability index of 1.41.\)
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give four reason as to why being an entrepreneur is beneficial than a doing a job
Answers
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
Explain why a rise in the pound sterling exchange is likely to affect the rate of inflation in the uk
Answers
Answer:
A higher inflation rate in the UK compared to other countries will tend to reduce the value of the Pound Sterling because: High inflation in the UK means that UK goods increase in price quicker than European goods. ... This increase in the supply of pounds decreases the value of Pound Sterling.
The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answers
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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When interviewing, you should always try to lean towards the more formal side. In general, you would want to dress one step higher than those who currently work there
Answers
Answer: False, it'll be right to appear moderate and coperate
Explanation:
When attending interviews it's advised you put on your best behavior and look good. It won't be encouraging to out-dress the existing workers, it won't speak fantastic to dress better bit it's required to look good and moderate
students have to change buildings between classes, which often involves walks of 5 minutes or more. walking from one building to another is
Answers
Answer:
about 7 - 10 minutes
Explanation:
President george washington instituted a tax on what alcohol product?.
Answers
Answer:
New England run and frontier whiskey
You expect to have in one year. a bank is offering loans at interest per year. how much can you borrow today? today you can borrow $ 943.
Answers
A charge for lending money is interest. You pay mortgage interest when you borrow money from a bank to purchase a home. Additionally, you pay credit interest if you borrow money for a significant purchase. Banks, on the other hand, charge you a fee if you trust them with your savings. The interest rate on savings is currently 0, close to zero, or even negative for significant sums.
The market mechanism, or the link between supply and demand for loans and savings, determines how high or low interest rates are. Interest rates are low when there is a high supply of savings
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Question 6 In cloudonomics, the coefficient of variation (Cv) is a measure of smoothness of (aggregate) demand(s). What is the impact of increasing the load from 1 workload to n on Cv under perfectly positively correlated demands
Answers
The impact of increasing the load from 1 workload to n is that the value of the cv would remain constant.
What is Cloudonomics?This is also referred to as the economics of cloud. It has to do with the cloud economic equation.
The main elements of cloudonomics are:
CostsThe business casesThe returns that are expected backRead more on coefficient of variation here:
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1. Please interpret the outcome of the below ANOVA table. Please respond in APA-format.
Model Df Sum of Squares Mean Square F Sig.
Regression 2 .4016 .2008 70.6816 < .001
Residual 22 .0625 0.0028 Total 24 .4640 a. Predictors: (Constant), Number of Branches, Net Revenues
b. Dependent Variable: Profit Margin
Answers
The ANOVA table indicates that there is a significant relationship between the predictors (Constant, Number of Branches, Net Revenues) and the dependent variable (Profit Margin). The regression model as a whole is statistically significant, with an F-value of 70.6816 and a p-value of less than .001.
The ANOVA table provides information about the statistical significance of the regression model. In this case, the model includes three predictors: Constant, Number of Branches, and Net Revenues. The dependent variable is Profit Margin.
The main focus is on the "F" statistic, which tests the overall significance of the model. The F-value of 70.6816 indicates that the model is statistically significant. This means that the predictors, taken together, have a significant impact on the Profit Margin.
Additionally, the significance level (p-value) of less than .001 further supports the conclusion that the relationship between the predictors and the dependent variable is not due to chance. The extremely small p-value suggests a very low probability of obtaining these results if there were no true relationship in the population.
In summary, based on the ANOVA table, we can conclude that the regression model, including the predictors (Constant, Number of Branches, Net Revenues), significantly predicts the Profit Margin.
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Which of the following is not a basic consumer right?
O The right to safety
O The right to be informed
O The right to a refund
The right to a healthy environment
Answers
Answer:
C
the right to be refunded
Explanation:
The correct option is, (C) The right to a refund.
Which of the following is a basic right of a consumer?The bill stated that every person has four basic consumer rights.The right to be informed, the right to choose, the right to safety, and the right to be heard.Which of the following is not a consumer right?The right to false information is not the right of consumers.
What are the 5 rights of a consumer explain?Consumer protections such as consumer rights push companies to create goods and services that are advantageous and secure for customers. The safety, information, choice, voice, and remedy are the five main consumer rights that we will identify and discuss in this session.Do consumers have the right to safety?Customers have the right to anticipate being protected from risky goods and services they purchase from the market, especially if they are used correctly for their intended purpose. The sale and distribution of hazardous products and services are prohibited, protecting consumers.Hence, The right to a refund is not a basic consumer right.
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ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced models offer more features. there is a coupon available for additional percentage off the price. the sale price is the cheapest available. there are more positive customer reviews than negative reviews.
Answers
Answer:
the sale price is the cheapest available.
Explanation:
Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.
Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.
Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.
The sentence which best complete the phrase is lower-priced models offer more features (option A)
When we want to buy an object it is advisable to find out its value in different places to find the cheapest one. It is also advisable to look for discount coupons or promotions to save us a little money.
Another activity that we can carry out is to consult on the internet the review of other buyers about the product to make sure that its operation is optimal.
Generally, the cheapest models are the ones that offer the fewest features. For example, if I want to buy a bicycle, its price can vary based on different characteristics such as the material of the frame (lighter is worth more) or the number of speeds (more speeds are worth more).
According to the above, the correct answer is option A. because it mentions an aspect related to low-value objects.
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9. In the World View article titled "Chronic Food Shortage Shows Despite Efforts by North Korea to Hide It." On a production possibilities curve between private and public goods, a decrease in military spending in an effort to increase food production could be represented as
Answers
Answer:
more private goods
Explanation:
As the military spending decreases, there will be burden to produce on the private sector as the population living requires goods to consume.
Decrease in military spending concludes the decrease in financial support of government in the economy. It provides for the increase in private investment, as many areas are opened for the private sector to invest in, which ultimately results in super investments in mass production by private organisations.
Accordingly, it will result in more private goods.
What is misleading about the term “overdraft protection”? please answer will give brainliest to the first
Answers
Answer:
"Overdraft protection is a misleading term, because it doesn't protect you from overdrafting," Schliep said, after paying the bank back for the charges. "It allows you to overdraft when you don't have enough money in checking so you're not embarrassed by getting your card denied."
Explanation:
Answer:
it makes it sound beneficial but it will take money from you.
With overdraft protection, if you don't have enough money in your checking account, checks will clear and ATM and debit card transactions will still go through. If you don't have enough overdraft protection to cover a shortfall, transactions won't go through, and fees may be high.
Explanation:
Using productivity software ensures that the end product will look professional.
Answers
Answer: false
Explanation:
on edge 2021
Answer: The answer is false
Explanation:
props to the other dude, give them brainliest
True or false: Good intuition is just as important as good research. NEED ANSWERS FAST
Answers
Answer:
True
Explanation:
I jus got 100% on the quiz.
Candace bought a laptop for $475 dollar. She then decided to ell the laptop for $985. What markup rate did Candace ue to calculate the ale price of her laptop? Write your anwer a a percentage rounded to the nearet whole number
Answers
It should be noted that she increased the price by 875 and utilized a markup rate of 0.37 percent.
Laptop for $475 and ultimately chose to sell it for $985.
Thus, 20% of x = 475
Equals 0.22x = 475.
Divide x = 475*0.22
x to get 985.
The proportion is therefore rounded to the nearest full number, which is 0.37%.
The percentage of receivables and the percentage of sales are the two bases for assessing uncollectible accounts. Examples of accounts that are impossible to collect include receivables, loans, and any payment that the debtor decides not to repay. As a result of the debtor's bankruptcy or insolvency, accounts become uncollectible.
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when the federal reserve conducts open market transactions, it
Answers
When the Federal Reserve conducts open market transactions, it carries out open market transactions to buy or sell government assets, which has an impact on the federal funds rate.
If the Federal Reserve wants to expand the money supply, it can do so by purchasing government bonds. By doing this, it provides the securities brokers who sell the bonds with cash and expands the money supply as a whole.
Instead, the Federal Reserve can raise funds by selling bonds from its account, which lowers the total amount of money in circulation. The amount of money banks are required to retain as collateral for bank account deposits is known as the reserve requirement, and it is another way that the Federal Reserve can impact the money supply.
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open market transactions refer to the buying and selling of government securities by the Federal Reserve in the open market. These transactions are one of the primary tools used by the Federal Reserve to implement monetary policy and influence the money supply in the economy.
open market transactions refer to the buying and selling of government securities, such as Treasury bonds and bills, by the Federal Reserve in the open market. These transactions are one of the primary tools used by the Federal Reserve to implement monetary policy and influence the money supply in the economy.
When the Federal Reserve conducts open market transactions, it affects the level of reserves in the banking system, which in turn impacts interest rates and the overall economy.
By buying government securities, the Federal Reserve injects money into the banking system, increasing the reserves available to banks. This increases the supply of money in the economy and can lower interest rates.
Conversely, when the Federal Reserve sells government securities, it reduces the reserves available to banks, decreasing the money supply and potentially raising interest rates.
Open market transactions are a key mechanism through which the Federal Reserve manages the money supply to achieve its monetary policy objectives.
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What ONE thing are you already doing to communicate your leadership/professional brand and what TWO things do you want to start doing to communicate your leadership and professional brand?
Answers
One thing that is already being done to communicate the leadership/professional brand is actively participating in events and connecting with professionals in the field.
Two things that can be done to communicate the leadership/professional brand are creating a personal website and writing blog posts.
A personal website will be the hub for all the content related to the brand. It will have all the information about the brand, its experience, skills, and accomplishments.
It can also have a blog section, where the brand can share insights, ideas, and experiences with the readers. Blogging will help in developing the brand's authority and credibility in the industry.
It will also help in connecting with the target audience and peers.Writing blog posts will help in showcasing the brand's expertise in the field. The brand can share its thoughts on relevant industry topics.
It can also create "how-to" guides and tutorials that can help the target audience. Blogging will help in attracting traffic to the website and building a loyal audience.
The above-stated three points, including actively participating in events, creating a personal website, and writing blog posts can help in communicating the leadership/professional brand effectively.
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For a market to exist there must be potential buyers:a) and a product that is safe and inexpensive.b) who have a willingness and the resources to buy.c) and retail stores which are willing to carry the product.d) who are looking for reasonable prices and financing.
Answers
There must be willing and financially capable potential purchasers for there to be a market.
A prospective buyer who would be a fit for the acquisition of a company being marketed in a sell-side transaction is generally referred to as a potential buyer. In the area of mergers and acquisitions, a potential buyer is one of the buyers who is added to a prospective buyer list. Consumerism is a "social movement trying to enhance the rights and power of customers in relation to sellers," according to Kotler (1972), and it is represented in new laws, norms, and marketing strategies as well as in how the general public views business and government. The printing press made it possible for the first mass medium (the newspaper), as well as early forms of advertising including handbills, posters, and more.
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When have you seen debt cause financial problems for adults you know? What can I do to avoid or stop these financial problems when I become are an adult?
Answers
Answer:
they are mean they like to boss you around I like to tell you what to do they're all so loud mouths
when international trade occurs between different affiliates of the same company, it is called ________ trade.
Answers
Intra-firm commerce refers to cross-border transactions between subsidiaries of the same business.
The exchange of goods and services among various subsidiaries, branches, or divisions of a multinational corporation (MNC) with locations in various nations is referred to as intra-firm commerce. MNCs frequently engage in intra-company commerce as they take use of their worldwide presence to maximise production, distribution, and cost effectiveness. Within the confines of the business's own network, it permits the internal transfer of goods, parts, or services across international boundaries. Internal agreements within the MNC may define the pricing and terms of intra-firm commerce, which frequently entails intra-company transactions. While using the company's own strengths, this style of commerce promotes coordination and integration among many aspects of the company's global operations.
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