A document that refers to a customer billing for merchandise bought on credit is called a(n):

Answers

Answer 1

Answer:

Invoice

Explanation:

A sales transaction can be defined as a business transaction between two or more individuals or organizations, which generally involves the buyer purchasing either a tangible or intangible goods and services from the seller (service provider) through the use of money, credit cards or vouchers.

An invoice can be defined as an accounting document which is used for recording the essential details of the payment of goods and services made by a customer. It is the first step in the sales transaction, as it is expected that the seller or service provider makes it available and issues it for all sales transactions. Also, it is an essential accounting document which serves as an evidence of payment and delivery of goods and services to the customer.

In conclusion, a document that refers to a customer billing for merchandise such as finished goods like television, smartphone, shirt, trouser, cup, radio, furniture, etc., bought on credit is called an invoice.


Related Questions

Dennis, the founder of a small app development company, wants to show investors how the company's user base has grown since the company was founded two years ago. This information would best be presented in a

Answers

Answer:

Line chart

Explanation:

A line chart, also known as a line plot, line graph, or curve chart, is a type of chart that shows data connected by straight line segments. It helps visualize data with clarity and organization.

According to the text, economists are starting to understand that ________ matter just as much as ________ to occupational success.

Answers

Answer:

personality traits; cognitive ability

Explanation:

The definition of a personality trait is a quality or an attributed that become different with respect to the character, action and the attitude.

While on the other hand, the cognitive ability means the mental capability that includes the capability for reasons, planning, problem solving

So here the personality traits are understand and also the cognitive ability for success of an organization

At which criteria level is the most important to observe a significant change in order to conclude that a training program is effective

Answers

Answer:

Level 3 evaluation

Explanation:

In simple words, Level 3 assesses the extent to which individuals' attitudes improve as a consequence of the education - in other words, if the program's information and abilities are used on the job. The learner's conduct is measured both before and after the activity at Stage 3.

Thus, from the above we can conclude that the correct answer is level 3 evaluation.

For a negative externality, the __________________________ than the costs imposed on society as a whole. private costs of an action are less social costs of an action are less private benefits of an action are more social benefits of an action are more

Answers

Answer:

private costs of an action are less

Explanation:

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. A good has negative externality when private costs of an action are less the costs imposed on society as a whole.  

An example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced.

Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low

Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.

Optimization in levels examines​ ___________, while optimization in differences analyzes​ ____________. A. total net benefits of​ alternatives; the change in net benefits. B. total benefits of​ alternatives; net benefits of alternatives. C. total net benefits of feasible​ alternatives; total net benefits of infeasible alternatives. D. total benefits of​ alternatives; total costs of alternatives. E. marginal benefits of​ alternatives; the change in marginal benefits.

Answers

Answer:

A)total net benefits of​ alternatives; the change in net benefits.

Explanation:

Optimization can be regarded as process that gives description of

the choices that is been made by a businesses.

Optimization in levels can be regarded as method used in calculation of the net benefits which an individual can derives from different alternatives, as well as selection of the best alternative.

Optimization in differences on other hand, is a method that provides the calculation of the change in level of costs as well as the change in level of benefits in derivation of the change in net benefits.

It should be noted that Optimization in levels examines​ total net benefits of​ alternatives, while optimization in differences analyzes​ the change in net benefits.

PLEASE HELP!
Question: Give an example of a patent in business.

Answers

Answer:

Examples of inventions protected by utility patents are a microwave oven, genetically engineered bacteria for cleaning up oil spills, a computerized method of running cash management accounts, and a method for curing rubber.

Explanation:

Please Mark me brainliest

The government of Diamza recently passed a law making it mandatory for any foreign company that wants to do business in its country to only use raw materials made in Diamza and only hire citizens. This is a type of _____ faced by companies that want to conduct business in Diamza.

Answers

Answer:

Police uncertainty

Explanation:

In the case when the diamza government pased the law that the foreign company wants to do the business so here it only use the raw materials and only hire the citizens so it represent the uncertainty of the police that faced by the companies wanted to conducted the business

So the same should be considered and relevant

Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics and assimilates different types of technologies. This knowledge is distributed to the entire organization so that its branches can adapt and perform according to their own markets. These tactics and technologies distributed throughout the organization that create value for Spring Resources LLC are termed _________.

Answers

Answer:

core competencies

Explanation:

From the question we are informed about who Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics and assimilates different types of technologies. This knowledge is distributed to the entire organization so that its branches can adapt and perform according to their own markets. These tactics and technologies distributed throughout the organization that create value for Spring Resources LLC are termed

Core competencies.

Core competencies can be regarded as resources as well as capabilities which comprise all strategic advantages of a business.

Siiri invests 10 % in real estate, 40 % in mutual funds, 25 % in government bonds, and 25 % in stocks. what do Siri’s investment demonstrate?

Answers

Answer: Asset allocation

Explanation:

Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.

Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.

U.S. GAAP for long-lived assets significantly impedes rate-of-return comparisons across companies unless the firms:

Answers

Answer: Apply the same depreciation methods and the same useful lives among similar groups of assets

Explanation:

US GAAP for long-lived assets significantly impedes rate-of-return that is, the annual income from an investment which is being expressed as a proportion of the original investment comparisons across companies unless the firms apply the same depreciation methods and also the same useful lives are applied among identical groups of assets.

if a company has 5 employees with annual salaries of $90,000, $60,000 ,$70,000 ,$90,000 and $20,000 respectively, what is the mean annual salary at the company?

Answers

Answer:

Mean annual salary = $66,000

Explanation:

Given the following data;

Number of employees = 5Employee's salaries = $90,000, $60,000 ,$70,000 ,$90,000 and $20,000.

To find the mean annual salary at the company;

First of all, we would find the total amount of salaries.

Total amount = 90,000 + 60,000 + 70,000 + 90,000 + 20,000

Total amount = $330,000

Next, we would calculate the mean annual salary at the company;

[tex] Mean \; annual\; salary = \frac {Total \; salary}{Number \; of \; employees} [/tex]

Substituting into the above formula, we have;

[tex] Mean \; annual\; salary = \frac {330,000}{5} [/tex]

Mean annual salary = $66,000

Answer:

66,000

Explanation:

Mary's Music Store reported net income of $149,000. Beginning balances in Accounts Receivable and Accounts Payable were $28,500 and $21,500, respectively. Ending balances in these accounts were $31,500 and $14,200, respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be:

Answers

Answer:

$138,700

Explanation:

Calculation to determine what Mary's cash flows from operating activities would be:

Net income $149,000

Less increase in A/R (3,000)

($28,500 - $31,500)

Less decrease in A/P (7300)

($21,500-$14,200)

Cash flows from operating activities $138,700

Therefore Assuming that all relevant information has been presented, Mary's cash flows from operating activities would be:$138,700

How do I speak The language of Ayapaneco because I need it to communicate with my fish so i can teach them how to swim

Answers

Explanation:

!-"-$-$+(_(_(_+_++_+_+_+_+_++_+_+_+_+

This is the answer.

Hope it helps!!!

the marketing mix elements are called because they are under the jurisdiction of the marketiing department in an organization

Answers

Answer:

The answer is controllable factors

Answer:

false

Explanation:

false

Bonita Manufacturing uses a flexible budget. It has the following budgeted manufacturing costs for 24700 pairs of shoes: Fixed Manufacturing Costs, $12300 and Variable Manufacturing Costs, $14.00 per pair of shoes. If Bonita Manufacturing makes 20900 pairs of shoes this month, what are the total budgeted manufacturing costs for the month

Answers

Answer:

the  total budgeted manufacturing cost is $292,600

Explanation:

The computation of the total budgeted manufacturing cost is shown below;

Total Budgeted Costs = Fixed Costs + Variable costs

= $12,300 + $292,600

= $304,900

Total Variable costs = Variable Cost Per Unit × Activity Level

= $14 × 20,900

= $292,600

Hence, the  total budgeted manufacturing cost is $292,600

On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $48,000 and $1,400, respectively. During 2022, Coolwear wrote off $625 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $4,100 at December 31, 2022. Bad debt expense for 2022 would be:

Answers

Answer:

$3,325

Explanation:

Bad Debt Expense = Allowance for uncollectible accounts 2022 - (Allowance for uncollectible accounts 2021 - Written off in accounts receivable

Bad Debt Expense = $4,100 - ($1,400 - $625)

Bad Debt Expense = $4,100 - $775

Bad Debt Expense = $3,325

So, the bad debt expense for 2022 would be $3,325.

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:

Answers

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

______ is a legal doctrine that requires employers to have a job-related reason for terminating employees, including violation of rules and poor performance.

Answers

Answer:

A wrongful discharge (dismissal)

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.

A wrongful discharge (dismissal) refers to a legal doctrine that requires employers of labour to have a job-related and justifiable reason for the termination of an employee's contract, including violation of rules and poor performance by the employee.

A _____ is a qualified individual who is not actively looking for work but might be interested if the right job comes along.

Answers

Answer:

passive job candidate

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A passive job candidate can be defined as a qualified individual with the requisite experience and academic degree who is not actively seeking for employment (work) but might be interested in taking up one, if the right job comes along. Thus, a passive job candidate isn't actively seeking employment but whom recruiter seeks out and as such may be open to a good career job or relevant opportunities.

A Blue Cross/Blue Shield insurance plan that allows members to choose any provider, but offers higher levels of coverage when members obtain services from network providers would be an example of:

Answers

Answer:

Preferred Provider Organization (PPO)

Explanation:

A Preferred Provider Organization (PPO) refers to a Blue Cross/Blue Shield insurance and health plan that avail members the opportunity of choosing any of their preferred insurance or healthcare provider by collaborating with medical providers such as doctors, hospitals, etc, while offering higher levels of coverage when members obtain services from network providers.

Suppose the population of a country is 1.1 million and the labor force is 800,000. 760,000 are employed. Assume that full-employment occurs at a 4 percent unemployment rate at a real GDP level of $100 billion. Based on the information above use Okun's Law to find how much potential GDP has been lost because the economy is not at full employment

Answers

Answer: $2 billion

Explanation:

Okun's law posits that for every percentage point that actual unemployment rate is above the natural unemployment rate, actual GDP will be lower than potential GDP by 2%.

Actual rate of unemployment here is:

= (Labor force - Employed) / Labor force

= (800,000 - 760,000) / 800,000

= 5%

Actual unemployment - Natural unemployment:

= 5 - 4

= 1%

Potential GDP lost is:

= (1% * 2) * 100 billion

= 2% * 100 billion

= $2 billion

Using an end-of-period spreadsheet, the flow of accounting information moves from the a.financial statements to the adjusted trial balance. b.adjusting entries straight to the financial statements. c.adjusted trial balance to the financial statements. d.unadjusted trial balance to the financial statements.

Answers

Answer:

C. adjusted trial balance to the financial statements.

Explanation:

The end-of-period spreadsheet can be regarded as accounting tools used in summarizing the movement of transactions that has been carried out throughout an accounting period. It is a tools that give representation of the end of the current accounting period.

permanent accounts that been found

the balance sheet, which are not not closed are been consisted by The post-closing trial balance.

It should be noted that Using an end-of-period spreadsheet, the flow of accounting information moves from the

adjusted trial balance to the financial statements.

which situation would most likely cause demand for apples to increase

Answers

Answer:

C

Explanation:

because you need lots of apples to make lots of apple cider

any factor that determines consumers' willingness and ability to pay for products and services. the money or other considerations exchanged for the ownership or use of a product. the practice of exchanging products and services for other products or services. a judgment by a consumer of the worth and desirability of a product or service relative to substitutes.

Answers

Answer:

money or other considerations (including other products and services) exchanged for the ownership or use of a product or service.

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

From a marketing viewpoint price is group of choices;

any factor that determines consumers' willingness and ability to pay for products and services. the money or other considerations exchanged for the ownership or use of a product. the practice of exchanging products and services for other products or services. a judgment by a consumer of the worth and desirability of a product or service relative to substitutes.

EXPLANATION

In marketting, Price can be regarded as cost that is been paid by consumers for a product. There should be linkage of price to the real and perceived value of the product by the Marketers, but there should be consideration about supply costs, competitors' prices as well as seasonal discounts. It should be noted that From a marketing viewpoint price is money or other considerations (including other products and services) exchanged for the ownership or use of a product or service.

Why may a company find it easier to operate in one country than in another? (Choose every correct answer.)

Answers

Well because taxes play an important role on businesses. Also location because if they have access to bodies of water, they’re able to promote and expand their business more.

In a fractional-reserve banking system with no excess reserves and no currency holdings, if the central bank buys $100 million worth of bonds, a. both reserves and the money supply increase by more than $100 million. b. reserves increase by $100 million and the money supply increases by $100 million. c. reserves increase by $100 million and the money supply increases by more than $100 million. d. reserves and the money supply increase by less than $100 million.

Answers

Answer:

c. reserves increase by $100 million and the money supply increases by more than $100 million

Explanation:

Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.

The federal government played an important role in assisting the development of industry. True False

Answers

Answer:

True

Explanation:

Answer:

true

Explanation:

Which of the following is not true regarding the purpose of an audit performed on a set of financial statements in accordance with generally accepted auditing standards? Group of answer choices to provide financial statement users with an opinion on whether the financial statements are presented fairly or not to provide users of the financial statements with an opinion on the financial statements to provide financial statement users with an opinion in accordance with the applicable financial reporting framework to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them

Answers

Answer:

to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors by using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Some examples of financial statements includes a balance sheet, cash-flow and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

GAAP is an acronym for Generally Accepted Accounting Principles, it was adopted by the U.S. Securities and Exchange Commission (SEC) and is the comprehensive accounting rules and standard used in recording and reporting financial information.

In accordance with generally accepted auditing standards (GAAP), providing users of the financial statements with absolute assurance that the financial statements contain no errors in them is not a purpose of an audit performed on a set of financial statements.

This ultimately implies that, an auditor cannot give a client an absolute assurance that a financial statement wouldn't contain errors in them.

Wardsworth, Inc., manufactures and sells two products: Product I9 and Product Z9. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product I9 700 6.0 4,200 Product Z9 900 8.0 7,200 Total direct labor-hours 11,400 The direct labor rate is $26.00 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product I9 $ 226.10 Product Z9 $ 151.20 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Activity Cost Pools Activity Measures Estimated Overhead Cost Expected Activity Product I9 Product Z9 Total Labor-related DLHs $ 463,980 4,200 7,200 11,400 Machine setups setups 9,814 300 400 700 Order size MHs 105,792 4,400 4,300 8,700 $ 579,586 The unit product cost of Product I9 under the company's traditional costing method in which all overhead is allocated on the basis of direct labor-hours is closest to: (Round your intermediate calculations to 2 decimal places.) rev: 03_25_2018_QC_CS-119201 Multiple Choice $466.22 per unit $626.30 per unit $687.14 per unit $455.06 per unit

Answers

Answer:

Predetermined overhead rate = Estimated overhead / Estimated direct labor hour

Predetermined overhead rate = $579,586 / 11400

Predetermined overhead rate = $50.84 per direct labor hour

            Unit Product cost - Z9

Particulars                      Per unit cost

Direct material                   $151.20

Direct labor (8*$26)           $208.00

Overhead (8*$50.84)        $406.72

Unit Product Cost            $765.92

Helen is considering adding a rack of greeting cards to her product offerings at Litton Books Unlimited. Her fixed costs associated with adding the greeting cards would be $300. Variable costs per card are $1 each. The greeting cards will sell for $2 each. Helen's break-even point would occur at __________ cards sold. Multiple Choice 125 150 300 600

Answers

Answer:

300

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.

$300 / ($2 - $1) = 300

Other Questions
Select the correct answer.What factors contributed to the United States becoming a world leader?O A. the United States winning the war and having a strong economyO B. the Allies winning the war and US having a skilled labor forceOc. the United States winning the war and German scientists sharing their knowledgeD. the United States suffering no war damage except for Pearl Harbor and having a strong economyResetNext 3. Una forma de dividir facilmente entre 4 es dividiendo dos veces entre 2.Observa el ejemplo y aplica el procedimiento utilizadoEjemplo: 5684=(5682)2 = 284 2 = 142a) 9364= c)2 8124=b) 2 0844= d)3 7204= Find a number such that if 16 is added to it, the ratio of the result to the original number is 4:3 Given ACM, angle C=90. AP=9, PM=12. Find AC, CM, AM. ___you____(read)"Harry potter" when you were on holiday? 30. Which of the following explains why a speech should be precise and conciseEnsure statements are humorous and believable.Ensures statements are clever and repetitive.Ensures statements are accurate and to-the-point.Ensures statements are supportive and strategic Which of these is more likely to be true? A. An adaptor is likely to consider radical innovations B. An innovator is likely to consider incremental innovations C. Large companies often find it easier to adopt radical innovations. D. Innovators will often push for radical innovations. 6. The thin delicate membrane just attached to the cytoplasm is: [MOE 2061] (a) Ectoplasm (b) Endoplasm (c) Tonoplast (d) Protoplasm Summarize the five levels in Maslow's hierarchy of needs. simplify (-9)56(-3) In what country of United states of heightlandia, the height measurements of ten year old children are approximately normally distributed with a mean of 53.2 inches and standard deviation of 6.7 inches? Find the value of x,rounded to the nearest tenth Translate this sentence into an equation.The product of Rhonda's height and 4 is 52.Use the variable r to represent Rhonda's height. Ajax Inc. was formed on April 25 and elected a calendar year for tax purposes. Ajax paid $13,200 to the attorney who drew up the articles of incorporation and $7,100 to the CPA who advised the corporation concerning the accounting and tax implications of its organization. Ajax began business operations on July 15. To what extent can Ajax deduct its $20,300 organizational costs on its first tax return In President Reagans words, First I want to take a little time to talk to you, what does you refer to? Choose the substance with the higher entropy in each pair. Assume constant temperature, except in part (5)(i) 1 mol of SO2(g) or 1 mol of SO3(g) (ii) 1 mol of CO2(s) or 1 mol of CO2(g) (iii) 3 mol of O2(g) or 2 mol of O3(g) (iv) 1 mol of KBr(s) or 1 mol of KBr(aq) (v) Seawater at 2C or at 23C (vi) 1 mol of CF4(g) or 1 mol of CCl4(g) Write in simplest form Are mass and weight the same thing?YesNo Describe some of the controversies and advertisements of the renaissance era Suppose triangle ABC is reflected over the x-axis. If the distance between point A and A is 14, what is the distance between the x-axis and A.1. 72. -73. 3.54. There is not enough information given.