The source document used for a sales returns and allowances transactions is the cancelled sales invoice.
True
False
Answers
The source document used for sales returns and allowances transactions is the canceled sales invoice is True.
A sales returns and allowances transaction is a refund, a credit memo, or a reduction in the amount owed by a customer for goods or services that have been returned or for which a discount has been given.
The canceled sales invoice is the original sales invoice that has been nullified. A credit memorandum or a refund will typically be issued when a sales invoice is canceled, indicating that the transaction is no longer valid. As a result, the canceled sales invoice serves as the source document for a sales return and allowance transaction.
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Related Questions
before an organization can plan a course of action, it must first
Answers
Before an organization can plan a course of action, it must first conduct a thorough analysis of its current situation and define its goals and objectives.
Planning is a crucial function of management that involves setting objectives and determining the best course of action to achieve those objectives. However, before an organization can effectively plan, it must undertake a preliminary step of analyzing its current situation. This analysis includes evaluating internal and external factors that may impact the organization's operations, such as its strengths, weaknesses, opportunities, and threats (SWOT analysis). By understanding its current position, the organization can identify areas for improvement and determine the most suitable strategies and actions to pursue. Additionally, the organization needs to define its goals and objectives before embarking on the planning process. Clear goals provide a sense of direction and purpose for the organization and serve as a basis for decision-making. These goals should be specific, measurable, attainable, relevant, and time-bound (SMART goals).
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List 10 effective methods used to maintain employment.
Answers
Answer:
I don’t know that I would call them methods - a better word might be behaviors. And I don’t know if I can come up with ten.
Never be late for work and never leave early to go home. If you must leave early (or you know you’ll be coming in late the next day) be sure to tell your boss first.Dress appropriately and respectfully for the job. Always start the day wearing clean clothes.Be respectful of your bossDo every assignment to the best of your ability. When you are finished, let your boss know and ask what you can do next rather than waiting to be told (unless you know what to do next).Don’t whine or complain about the work assigned to youTry to constantly learn more about your job and apply what you learn to do your job betterDon’t badmouth your fellow employees (unless specifically asked by your boss)When it doesn’t severely impact your work, try to help out your fellow employees if they need it - especially the newer onesKeep your work area organizedDon’t be afraid to make constructive, non-critical suggestions to your fellow employees or even your boss, but be sure the suggestions are well-researched and carefully thought outExplain the main Features of AS-20 ?
Answers
Answer:
As per AS 20, when bonus shares are issued during the year, it should be calculated in the weighted average from the beginning of reporting period irrespective of the issue date. Therefore, the bonus issue is treated as if it had occurred prior to the beginning of the year 2010, the earliest period reported
Explanation:
hope this helps
What are wholesalers
Answers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
A possible warning signal that you may be headed for financial problems with credit is that you
a.
pay only the minimum required.
c.
you only buy sale items.
b.
only buy what you can afford.
d.
all of the above.
Answers
Answer:
I can't provide a definite answer (apologies), but I can definitely say that the answer is narrowed down to where it's either A or D.
Explanation:
Answer:
A- pay only the minimum required.
Explanation:
Fill in the blank: Long term disability insurance costs about ______% of your income, which is helpful as long term disabilities last on average about ______ years.
Answers
Answer:
10% 3 years
Explanation:
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please help in business with this work management tool
Answers
The above tool could be best used as a spreadsheet to manage workload by prioritizing tasks based on their importance and setting specific scheduling details for each task.
What is the explanation for the above response?The tool can be used to track progress and identify any barriers to performance that may arise during the completion of the task.
Also, a contingency plan can be developed to ensure that the task is completed even if unforeseen issues arise. By using this tool, one can manage their workload more effectively and efficiently by breaking down complex tasks into smaller, more manageable steps.
This tool can also help to ensure that deadlines are met and that goals are achieved in a timely manner.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Answer the above Questions
Answers
Explanation:
1. In left attachment2. • Join stock company : A joint-stock company is a business owned by its investors, with each investor owning a share based on the amount of stock purchased. Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund.→ Partnership firm: A partnership is an association of two or more persons to carry on, as co-owners, a business and to share its profits and losses. ... It is the ideal form of organisation for the enterprise requiring moderate amount of capital and diversified managerial talent.» Difference is in Right attachment
Answer:
hii(≧▽≦)
army...............
The scenarios each illustrate a principle of economics. classify each scenario according to the principle that best fits it. you are currently in a labeling module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. on black friday, there are huge sales for electronics at many retail stores. david must decide between buying a camera at one store or a flat screen tv at another store, and buying one means losing out on the ability to purchase the other. an educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. the company compares how much adding another worker will improve the product to the additional cost. ava finds that there is not enough time after work to have dinner, exercise, and watch tv, and she must make choices about how to use her limited time.
Answers
David's decision on the electronics to purchase represents opportunity cost.
The decision to hire another economist is marginal analysis.
Ana's decision on how to use her time involves opportunity cost.
What is opportunity cost?
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. When an economic agent chooses one option, he would not be able to choose another option.
What is marginal analysis?Marginal analysis involves comparing the marginal cost or / and the marginal benefit of a decision.
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Please help, Worth 90 Points!!
Answers
Answer:
free points ezzzzz
Explanation:
Answer:
Cash: 7,11,19,12
A/R: 11,19
How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.
Answers
Explanation:
Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.
As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of market behavior.
IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.
Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answers
Answer:
capital
Explanation:
bulldozer is bought with capital.
3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Performance Assessment Task
Jrotc
This performance assessment task gives you an opportunity to document your achievement of the lesson’s competency: Demonstrate proper etiquette in social settings For this performance assessment task, you will complete the Dining-Out scenario. For this assessment you will: Read the following scenario and individually complete the information below. Be prepared to share your answers in class. The same criteria in the scoring guide below can be used to evaluate your performance of proper etiquette and manners at the annual Cadet Ball. Scenario: The annual Dining-Out is in five months. You have been asked to be a member of the Dining-Out committee. The committee plans all aspects of the Dining-Out. Complete this assignment as if you are preparing for the meeting and event. The committee will discuss invitations, table settings, receiving line protocol (guest speaker and other dignitaries), proper dress, protocol for honoring the nation, and thank you notes. 1. Invitations: Create the text for the invitation. Include all pertinent information including dress code and RSVP: Table Setting: On the back of this page, draw a picture of the appropriate table setting for the following menu: Fresh Garden Salad with Dressing Dinner Roll Tomato Soup Beef Tenderloin or Grilled Salmon New York Style Cheesecake with strawberries Iced Tea and water 2. Receiving line and other protocol: a. Who belongs on the line? b. What order should the guests stand in? c. Address the appropriate protocol for honoring the nation. d. Describe how you will greet the guest of honor(s): e. What attire should you wear? 3. Thank you notes: Create a sample thank you note to send to the guest speaker: 4. Explain your role in the annual Cadet Ball as a Year 1 Cadet: 5. Use the attached scoring guide criteria for what you need to do to complete this task. 6. Submit your completed performance assessment task and scoring guide to your instructor for evaluation and a grade.
Answers
The invitation should include the date, time, location, the dress code, RSVP deadline, and any other important relevant information such as the theme of the event.
The invitation text will be like this: You are cordially invited to attend the Annual Dining-Out hosted by the JROTC program. The event will take place on [date] at [time] at [location]. Dress code for the evening is formal attire, which includes a dress uniform or civilian formal wear.
Please RSVP by [RSVP deadline] to [contact information]. We look forward to your presence at this event.
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Specific factors of a venture being offered for sale that should be examined include a. the industry growth rate. b. strength of competitive forces. c. weaknesses, opportunities, and threats. d. all of the above.
Answers
Specific factors of a venture being offered for sale that should be examined include d. all of the above.
What is venture ?venture can be regarded as a business enterprise which involves making a risk as as to the make profit.
Therefore, when making a venture , weaknesses, opportunities, and threats should be take into consideration.
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Which of the following is the term for a special tax placed on foreign goods sold in
the United States?
A. Tea tax
B. Tariffs
C. Excise tax
D. Customs
Answers
Bought a motor van by cheque would result in
A. Increase in motor van and decrease in bank
B. Decrease in motor van and increase in bank
C. Increase in motor van and increase in capital
D. Increase in motor van and decrease in capital
Answers
Answer:
The answer is B.
Hope this helps!
Answer:
B one is correct
Explanation:
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1. Which is an example of fiscal policy?
A. preventing unions from going on strike
B. raising taxes in order to cover a budge deficit
C. Restricting the amount of money that banks can lend
D. increasing the level of minimum wage
2. Which is an example of fiscal policy?
A. decreasing the interest rates on loans charged to car companies
B. deploying troops to help citizens cope with natural disaster
C. going into debt to buy a large number of vehicles
D. limiting the number of foreign cars that can be sold in the United Stats
Answers
Answer:
A. decreasing the interest rates on loans charged to car companies
An article in a newspaper explains that a new business is about to open.
Answers
Answer:
So what's the question......??????
In macroeconomics, a _______________ describes the common way in which market values are measured in an economy.
Answers
Answer:
unit of account that is your answer
Kieran owns and operates his own bike shop. In the past week, a competitor offered to buy kieran’s bike shop for $100,000 and hire kieran for $50,000 per year. Assume the annual interest rate is 6 percent, and kieran’s accounting profit from his bike shop is $60,000. Kieran’s economic profit is?.
Answers
According to the given annual interest rate, Kieran's economic profit is $ 4,000
Economic profit
Economic profit refers the difference between the revenue received from the sale of an output and the costs of all inputs used.
Given,
Kieran owns and operates his own bike shop. In the past week, a competitor offered to buy Kieran's bike shop for $100,000 and hire Kieran for $50,000 per year. Assume the annual interest rate is 6 percent, and Kieran's accounting profit from his bike shop is $60,000.
Here we need to find the economic profit of Kieran.
Kieran's economical profit ca be calculated by, adding the salary plus interest forgone, that is
Total opportunity cost = 50,000 + 6% of 100,000
=> 50,000 + 6000 = 56,000.
So, the total revenue received is 60,000
Then the economic profit is
=> Revenue - (implicit + explicit cost)
Here the value of Implicit cost is 56,000 and the explicit cost is0
Therefore, the economic profit is calculated as,
=> 60000 - 56000
=> $4000
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Which of the following factors does NOT influence financial planning?
Group of answer choices
Potential future earnings
Savings
Debt
Investments
Answers
Answer:
D
Explanation:
Investment is not defined until it is current and shown
The factor that does not influence financial planning is Debt.
What is Debt and How it does not influence financial planning?Debt is usually money, borrowed by one party from another.Debt is long-term, and the lender is exposed to interest rate risk or the risk that interest rates will fluctuate over the maturity of the loan from which we can say that debt does not influence financial planning.Debt can lead to financial instability.Hence, Option C is the correct answer.
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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16
Answers
Answer:
B. 16;8
Explanation:
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.________ occurs when a new product or a new retail chain steals customers and sales from the organization’s older products and retail outlets.
Answers
The term that fills the blank is "cannibalization." Cannibalization occurs when a new product or a new retail chain steals customers and sales from the organization's older products and retail outlets.
Cannibalization can happen in various scenarios. For instance, when a company introduces a new product that is similar to or substitutes an existing product in its product portfolio, customers may shift their preferences and purchase the newer offering, resulting in a decline in sales of the older product. This internal competition within the company's product lineup is referred to as product cannibalization.
Similarly, when a retail organization opens new stores or branches in close proximity to its existing ones, customers may choose to visit the new locations instead, diverting sales from the older outlets. This phenomenon is known as retail cannibalization.
While cannibalization may seem negative at first glance, it can also have strategic benefits. It allows organizations to capture new market segments, adapt to changing consumer preferences, and stay competitive in the market. By introducing new products or retail chains, companies can attract customers who may have previously sought alternatives elsewhere.
However, it is crucial for organizations to carefully manage and balance the potential negative effects of cannibalization. They need to consider factors such as pricing strategies, product differentiation, target market segmentation, and effective marketing and communication efforts to minimize cannibalization and maximize overall sales and profitability.
In summary, cannibalization occurs when new products or retail chains divert customers and sales from an organization's older products and retail outlets. It can present both challenges and opportunities, requiring strategic management to mitigate negative impacts and leverage the benefits of introducing new offerings.
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The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000
Answers
Answer:
2500
Explanation:
The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.
Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.
Answer:
B. 1,500
Explanation:
It’s on the passage
"If a foreign government wishes to stabilize its currency because it has been falling against the U.S. Dollar, the government would:"
Answers
what's the question? is it the quote?
what is watermill?write it advantages
Answers
A watermill or water mill is a mill that uses hydropower. It is a structure that uses a water wheel or water turbine to drive a mechanical process such as milling, rolling, or hammering.
Explanation:
Water mill is a mill which runs through hydro or water .
it's advantage
it can be used as agricultural produce cutting up material such pulp timber etc
stay safe healthy and happy..What are the two essentials for completing an initial mortgage?
Answers
Your most recent two months' worth of bank statements are among the most crucial things the lender looks at, along with your application and credit report in the mortgage process.
A mortgage is a loan granted to a buyer by a bank or other type of mortgage lender so they can buy a home. A mortgage is a contract in which the bank lends money to the buyer to buy the house, and the buyer promises to pay the money back in full with a predetermined interest rate. Lenders often employ a mortgage ratio of 4.5 times an annual salary. This indicates that you may obtain a mortgage for 4.5 times your annual wage. Most likely, you'll want to know how much each monthly payment will cost. Based on a mortgage rate, the monthly mortgage payments for a £200,000 mortgage will be £948.
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Your most recent two months' worth of bank statements are among the most crucial things the lender looks at, along with your application and credit report in the mortgage process.
A mortgage is a loan granted to a buyer by a bank or other type of mortgage lender so they can buy a home. A mortgage is a contract in which the bank lends money to the buyer to buy the house, and the buyer promises to pay the money back in full with a predetermined interest rate. Lenders often employ a mortgage ratio of 4.5 times an annual salary. This indicates that you may obtain a mortgage for 4.5 times your annual wage. Most likely, you'll want to know how much each monthly payment will cost. Based on a mortgage rate, the monthly mortgage payments for a £200,000 mortgage will be £948.
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The WTO classifies __________ into three broad categories: equity capital, reinvested earnings, and other capital.
Answers
The World Trade Organization (WTO) classifies Foreign Direct Investment (FDI) into three broad categories: equity capital, reinvested earnings, and other capital.
What are the three broad categories of FDIEquity capital refers to the initial investment made by a foreign investor to acquire ownership in a domestic company.
Reinvested earnings are the profits earned by a foreign-owned company that are reinvested back into the local business, rather than being repatriated to the investor's home country.
Other capital encompasses various forms of financial investments such as loans, debt securities, and trade credits, which are provided by the foreign investor to the domestic company.
These three categories represent different ways foreign investors participate in a host country's economy, and they all contribute to the growth and development of that nation.
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