Alexis is the purchasing manager of a trading firm. She makes purchases worth $10,000 from a manufacturer. She incurs an additional $1, 000 on transporting these goods from the manufacturer to her company’s warehouse. In which account will the company’s accountant enter the transport expenses?
A.
purchase account
B.
freight on purchase account
C.
purchase discount account
D.
sales return account

Answers

Answer 1

C. purchase discount account. Hope this helps!!!!!!!!!!!!!!!!!!!

Answer 2
Final answer:

The transport expenses are recorded in the 'Freight on Purchase' account as they are considered part of the total cost of the purchased goods.

Explanation:

The additional cost that Alexis incurred for transporting the purchased goods is called 'freight-in' or 'transportation-in' and it is typically recorded in the account named 'Freight on Purchase Account' (Option B). This is because the cost of transportation or freight-in is considered a part of the cost of the purchased goods. It is not treated as a selling expense or an administrative expense. Therefore, the correct account for these transport expenses is not the purchase account, purchase discount account, or sales return account, but the 'Freight on Purchase' account.

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Related Questions

What are some of the pathways in the Agriculture, Food, and Natural Resources career cluster? Check all that apply.

-Environmental Service Systems
-Power, Structural, and Technical Systems
-Harvesting Systems
-Equipment Repair Systems
-Aquacultural Systems
-Animal Systems
-Food Products and Processing Systems
-Food Science Systems
NEED HELP ASAP PLZ!!!!

Answers

Answer:

A-Environmental Service Systems

B-Power, Structural, and Technical Systems

F-Animal Systems

G-Food Products and Processing Systems

Explanation:

Pathways in the Agriculture, Food, and Natural Resources career cluster;

Environmental Service SystemsPower, Structural, and Technical SystemsAnimal SystemsFood Products and Processing Systems.

Agriculture can be regarded as the cultivation of crops and animal rearing.

Some path way to this are Animal Systems and foodProducts and Processing Systems.

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All of the following should be considered before enrolling in a 529 plan except which

Answers

There is a limit on how many colleges you can apply to.

Answer:

Yes there is a limit on how many you can apply too

Explanation:

What is used as collateral for a home loan? Select one: a. The home itself b. The furniture or furnishings c. Personal assets (e.g. a car) d. All of these are used

Answers

The answer is c, personal assets.

What is a good way to improve your marketability to employers?

Answers

Improving areas of weakness.

A good way to improve your marketability to employers is by demonstrating your skills during problem solving and learning new skills

What is a Work environment?

A working environment is a setting where a group of people come together to perform their job.

A good way to improve your marketability to employers is by demonstrating your skills during problem solving and learning new skills for future problems.

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Discuss the potential problems for a business which does not keep adequate business records. (8 marks)

Answers

it's mostly custumer service most of the time of take care of that mostly ok

fire hazards associated with painting can be reduced by

Answers

Final answer:

Fire hazards associated with painting can be reduced by using less toxic chemicals, ensuring good ventilation, selecting compatible primers and paints, and maintaining a clean workspace with safe practices.

Explanation:

The fire hazards associated with painting can be reduced by taking several safety precautions. When painting, a key consideration is indoor air quality and minimizing the exposure to hazardous fumes.

To ensure safety, select less toxic chemicals when possible, and make sure the area is well-ventilated with plenty of fresh air circulation through open windows and doors. It's essential to read labels to verify that the primer and paint are compatible and to follow proper drying times.

Proactively reducing hazard risks can also include replacing flammable and toxic substances with non-flammable and non-toxic alternatives when cleaning and degreasing metal parts. Furthermore, having detectors for hazardous gases, such as radon and carbon monoxide, helps promote a safer indoor environment.

Always plan your work, maintain a clean workspace, and use safe painting practices to diminish the risk of fire hazards associated with painting.

Finding effective ways to address multiple concerns is an example of:

Answers

Finding effective ways to address multiple concerns is an example of effective leadership within problem solving. When you are a good leader, you tend to spend time focusing on how you can solve problems for the majority of those who are involved in the outcome. It's best to have many different options to address multiple concerns not to leave anyone out or make it seem as if their concern is not as important as someone sles concern.

PROBLEM SOLVING - APEX :)

Which of the following is true of high school electives? They should allow for leisure time They can be taken less seriously than other classes They should strengthen your transcript They do not matter after graduation

Answers

I don't know if I'm correct or if I'm wrong but correct me, They should strengthen your transcript seems more reasonable.

When defining a strategy for your business, how can competitor analysis help you establish a USP

Answers

USP stands for Unique Selling Proposition . It is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.When defining a strategy for your business, there are several ways how a competitor analysis can help you establish a USP :

- you can ask a few of the customers after they leave the premises what they like and dislike about the competitors' products and services.

- If your competition is beating you on pricing because they are larger, you have to find another sales feature

what do different jobs in the marketing career cluster have in common

Answers

A career cluster is a group of like careers that allow you to pick different types of sections within the same career. Marketing refers to public relations, advertising, sales and planning. Each of these sections are very important to make sure the marketing plan goes as planned and completes what it was intended to do. The cluster of different sections make up the entire marketing career which are essential to make sure the advertising is completed.

Answer:

B B A AND E

Explanation:

Good luck ^-^

A batch of 60 parts contains six defects. If two parts are drawn randomly one at a time without replacement, what is the probability that both parts are defective?

Answers

Final answer:

The probability that both parts drawn from the batch are defective is 1/110 or about 0.91%.

Explanation:

The question is asking to calculate the probability of drawing two defective parts from a batch, when drawing without replacement. There are 60 parts in total with 6 defects. The probability of the first part being defective is 6/60. After one defective part is drawn, there are 59 parts left with 5 being defective. The probability for the second part is 5/59. Multiplying these probabilities gives us the combined probability of both events occurring consecutively.

The probability that both parts are defective is calculated as (6/60) × (5/59), which simplifies to 1/10 × 1/11. This can be calculated as 1/110 or about 0.00909. So, there's about a 0.91% chance to draw two defective parts in a row without replacement.

Hello, I need the answer to questions 1 and 2 please! The question an

Answers

c and d for question 1 n 2

What are two types of strategies businesses use to directly influence the environment

Answers

Produce goods and services that are not environmentally friendly and increase the affect of manufacturing goods and services

social media and strategic financing- Apex 2019

Kirk wants to attend a four-year college. Which cost factors does Kirk need to research for the out-of-state school he wants to attend? Check all that apply.
tuition
living expenses
local movies and restaurants
books & lab fees
transportation costs to and from college

Answers

The Answers are:

A. Tuition

B. Living expenses

D. Books & Lab Fees

F. Transportation Costs To And From College

Considering the available options, the cost factors that Kirk need to research for the out-of-state school he wants to attend are the following:

Tuition: since the school is going to be a college, and it is not a scholarship, he needs to consider the tuition cost.

Living expenses: also, since it is an out-of-state school, which means, he is moving away from home, he needs to consider living expenses such as rents and other utility bills.

Books & Lab Fees: as a student, he will need to buy textbooks and attend laboratory practicals. Thus he needs to consider this as well.

Transportation Costs To And From College: given that he would probably not stay in the school hostel or dormitory, his place might be far away from the school premises, he needs to consider the transportation cost as well.

Hence, in this case, the correct answer is options A, B, D, and E.

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Which payment method typically changes the highest interest rate

Answers

The payment method that typically changes the highest interest rate is payday loans.

Credit cards typically charge the highest interest rates, which can range from 12% to 25% or more, depending on various factors including the borrower's creditworthiness. Introductory offers may appear low but can include hidden fees and shoot up after the initial period.

The payment method that typically charges the highest interest rate is a credit card. Credit card debts are considered unsecured debts, which typically have higher interest rates due to no collateral being associated with the debt. Whereas secured debts, like auto loans or mortgages, tend to have lower interest rates because they are backed by assets like a car or house.

Credit card companies often provide introductory offers with low or no interest, but also charge processing fees, and after the introductory period, the rate can jump significantly, usually between 15% to 25%. A typical credit card interest rate ranges from 12% to 18% but can go as high as 17-20% or even more depending on the borrower's creditworthiness. Cardholders need to be aware of these rates and try to pay off the debt with the highest interest first to minimize the amount of interest paid over time.

Factoring service means:
a)collection of Bill's
b)discounting of Bill's
c)maintenance of account books
d) all of these

Answers

d) all of these...............

Final answer:

Factoring service is a financial transaction where a business sells its invoices at a discount to a factoring company, which then collects the payment. The right answer to the question is discounting of bills.

Explanation:

Factoring service essentially refers to the financial transaction where a business sells its accounts receivable (invoices) to a third party (called a factor) at a discount. The factoring company provides the seller with an advance on a percentage of the invoice value, effectively collecting the bills on behalf of the original company. Therefore, the correct answer to the described student question would be b) discounting of bills, as the term specifically refers to the action of selling receivables at a discount for immediate cash, rather than the maintenance of account books or collection services in a broader context.

Banks that offer low interest rates to people with good credit

A. maximize profits at little risk.
B. sacrifice profits for less risk.
C. maximize profits at great risk.
D. sacrifice profits for more risk.

Answers

The answer is: B. sacrifice profits for less risk.

Interest rates influence the amount of money that the borrower had to give back to the bank and  Higher interest rate would give higher profit for the bank.

When bank people give low interest rates for people with good credit, the number of revenue that bank would make from giving the loan would decrease. But people with good credit has high likelihood of returning the money they borrow, which mean that there is less risk for the bank.

Final answer:

Banks offering low interest rates to people with good credit 'sacrifice profits for less risk'. They lend to low-risk borrowers at lower returns to maintain steady repayments and long-term profitability.

Explanation:

Banks that offer low interest rates to people with good credit generally fall under option B: sacrifice profits for less risk. This strategy involves lending to individuals with a high creditworthiness, implying a lower probability of default. Because these borrowers are less risky, banks are willing to accept a lower return in the form of lower interest rates.

From a business perspective, banks need to manage their liabilities (like customer deposits) and assets (like loans). The competition for attracting deposits can compel a bank to offer higher interest rates to depositors, potentially causing a mismatch between the rates paid to depositors and those received from borrowers. Banks generally try to balance this by charging an interest rate on loans that covers the cost of paying interest on deposits, ensuring profitability and mitigating risk.

Essentially, by offering lower interest rates to creditworthy individuals, banks strategize to maintain a stable flow of repayments and sustain their profitability over the long term.

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Assessment question. Other people find it hard to work as fast as you do agree or disagree?

Answers

I agree. Jobs that require socializing are extremely hard. You also may be targeted after other people have hard days. This overwaeighs the good of not needing a degree
I agree because people work at different paces and some people are faster than others.

HELP ME PLEASE
1. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)


2. List three examples of businesses in the service industry. (Complete sentences are not necessary. 1.5 points)


3. List three nondurable goods that you use on a regular basis. (Complete sentences are not necessary. 1.5 points)


4. List three staple goods that you or your household buys on a regular basis. (Complete sentences are not necessary. 1.5 points)


5. List three impulse goods that you or someone you know has purchased. (Complete sentences are not necessary. 1.5 points)


6. Describe a shopping good that you or someone you know purchased. What kind of research did you or that person do before buying the product? (1-2 sentences. 1.0 points)




7. Pick a product that is currently being sold, and analyze its economic utility, using the questions below.

a. Describe the product's form utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)


b. Describe the product's place utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)


c. Describe the product's time utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)


d. Describe the product's possession utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)


e. Describe the product's information utility. Is it good, or bad? Explain. (2-3 sentences. 2.0 points)


f. Describe at least one way the company could improve the economic utility of this product. (2-3 sentences. 3.0 points)


8. Choose a real or made up company and describe at least one thing that company could do to improve its economies of scale. (2-4 sentences. 3.0 points)


9. Describe a product that you think has saturated its market. What makes you think it has saturated its market? (2-5 sentences. 3.0 points)

Answers

Answer:

rojerfvkjfvnkjernjvrknrjkrevrk

Explanation:

ncknjsdnjkddvdnvfljnkvslkdnkvj;skjan;irioeioewo9490jg0vnjii4095g9jjrjirgjk

what are the four different types of economic resources

Answers

land, labor, capital, and entrepreneurship

The four types of economic resources vital to producing goods and services include land (natural resources), labor, capital, and entrepreneurship, each contributing uniquely to economic activity.

The four different types of economic resources are crucial for the production of goods and services. They include land (or natural resources), labor, capital, and entrepreneurship.

Land: This refers to all natural resources that are used to produce goods and services. It encompasses not only the physical land itself but also water, minerals, and forests.Labor: This is the human effort that is used in the production of goods and services. It includes the skills, knowledge, and physical effort that people contribute to the economy.Capital: Unlike the 'capital' in financial terms, in economics, capital refers to the manufactured goods used to make other goods and services. Examples include machinery, tools, buildings, and technology.Entrepreneurship: This involves the creativity, risk-taking, innovation, and management skills needed to start and run businesses. Entrepreneurs organize the other three resources to create new goods and services.

Together, these resources are fundamental in the economic process, contributing to the production, distribution, and consumption of goods and services, driving economies forward.

Which policy will most likely benefit a company in the long run?

Provide regular incentives for wage increases and train employees well.
Buy all of the latest in technology and machinery that your company might need.
Keep wages low and hope for no turnover.
Train only a few of the most productive employees.

Answers

​The answer is: Provide regular incentives for wage increases and train employees well.

By providing regular incentives, the workers would gain personal benefit if they do better/more works. This would contribute positively to the growth of the company. Training their employees well would prevent them from making too many mistakes that create a bad reputation for the company.

Answer: Provide regular incentives for wage increases and train employees well.

Explanation:

You cannot do a job without employees. Make them happy, they work hard and efficient. Train them, as it is easiest to train happy willing-to learn employees, and you can maximize efficiency.

When entrepreneurs love what they do, this trait is evident.

passion
dedication
self-assurance
risk-taking

Answers

I'm pretty sure its passion

Answer: I got passion correct on mine

Explanation:

According the the website in what year was Univision most recently sold?

Answers

Monday, June 26, 2006, agreed to sell the Spanish-language broadcaster for $12.3 billion in cash to a consortium of investors

Which sentence is the thesis statement for this essay?
Finding a job can be a scary prospect.
Knowing where to look, making a good first impression, and following up with a potential employer can help you land the perfect job.
There are many sources of potential jobs.
All these strategies will help you find a job.

Answers

Answer:

Knowing where to look, making a good first impression, and following up with a potential employer can help you land the perfect job.

Explanation:

The main idea is condense in that sentence.

1. What do we mean by the term “global business”?

2. Name two low-risk methods for getting involved in global business.

3. Why is management contracting a safe way to get involved in global business?

4. What would be the result of war on the importing and exporting activities of the nations involved?

5. What are the benefits of doing business in other countries?

Answers

1. What do we mean by the term “global business”?

Global business refers to the business all through the world/different nations. It incorporates every one of the things/activities expected to offer, make, and ship out fares to different nations.  

A global business is an organization that works offices, (for example, manufacturing plants and dispersion focuses) in numerous nations around the globe. This is unique in relation to a global business, which offers items worldwide however has offices just in its nation of origin.


2. Name two low-risk methods for getting involved in global business.

Licensing

Licensing alludes to the offering of the privilege to utilize some immaterial property (generation techniques or process, trademark, or brand name) for an expense or sovereignty. Licensing implies that patent or copyright proprietors permit different associations (people, governments, or organizations) to utilize their thought or advancement. It is a way that an organization can create things in different nations without being effectively included. The Gerber Company began offering its infant nourishment items in Japan utilizing Licensing.  

      2.  Franchising

This is a strategy ordinarily utilized by an organization to venture into different nations. A franchise concedes or permits an organization the privilege to utilize an organization name or business process particularly. Associations contract with individuals in different nations to set up a business that looks and works like the parent organization. Contingent upon the nation where the establishment sets up shop, promoting components (taste, bundling, and notice) must be adjusted to be meet social sensitivities and lawful prerequisites.


3. Why is management contracting a safe way to get involved in global business?

Management contracting is an acquirement course in which the works are built by various diverse works contractual workers who are contracted to an administration temporary worker.  

Management contracting a protected method to get engaged with worldwide business in light of the fact that not a lot of assets are being consumed and additionally it isn't include owing resources/having command over parts of the business.


4. What would be the result of war on the importing and exporting activities of the nations involved?

I would imagine that enemy countries are not allowed to exchange, or travel through or around their property to exchange.  

The consequence of war on the bringing in and sending out exercises of the countries include would be disturbed exchange relations and also affect exchanging with different nations that are not engaged with war/conflict.


5. What are the benefits of doing business in other countries?


One of the top advantages of international trade is that you might have the capacity to expand your number of potential customers. Every nation you add to your rundown can open up another pathway to business development and expanded incomes.  

Doing business in other countries can support your organization's notoriety. Triumphs in a single nation can impact accomplishment in other contiguous nations, which can bring your organization's profile up in your market specialty. It can likewise help increment your organization's credibility, both abroad and at home. This is one of the upsides of universal exchange that might be hard to measure and, in this manner, not entirely obvious.

If you have a muscle that has atrophied, the muscle would be __________.
A.
broken
B.
shrunken
C.
torn
D.
strained


Please select the best answer from the choices provided.

A
B
C
D

Answers

The answer is B. Shrunken.  Atrophy is a decrease in the mass of the muscle.


Answer:

the answer is shrunken

Explanation:

what is progressive discipline

Answers

The process of using increasingly severe steps when an worker fails to correct a problem although being given a reasonable opportunity to do it.

Answer:

progressive discipline are discussed below.

Explanation:

progressive discipline is an approach of dealing with performance and the personal issue of the employee.

The advantages of progressive discipline

progressive discipline allow the mangers to intervene and correct the worker's behavior when the manager saw them in trouble. progressive discipline help manager to get higher performance from his employees. progressive discipline allows better communication between employees and management.

when it comes to problem solving, it is important to:
A. Find the fastest possible solution.
B. give up if your first solution doesn’t work.
C. define the problem you are attempting to solve.
D. worry nonstop about it.
(Apex)

Answers

I think the answer would be C (Define the problem you are attempting to solve)

When it comes to problem-solving, it is important to define the problem you are attempting to solve. Thus, option (c) is correct.

What is problem-solving?

Finding solutions to difficult and complicated issues is referred to as problem-solving. Problem-solving is a cognitive process that entails discovering, evaluating, and solving concerns. Problem-solving is a difficult skill to master. It necessitates critical thinking, judgment, creativity, and data processing.

According to the problem-solving, was the created in the issues are the solved on the problem you are attempting to solve. It was complex issues come on the life and business was the solved on the analysis of the concern.

As a result, in the conclusion of the comes to problem-solving, it is important to define the issue you are attempting to solve. Therefore, option (c) is correct.

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4. Explain examples of both professional and unprofessional communication.

Answers

Answer:

Professional Communication: The term professional communication refers to the different forms of speaking, listening, gestures and writing to and fro in the workplace. It can be either in person or through emails or any other electronic communication.

Example: Listening carefully while someone is giving speech. Mobile on silent mode while in meeting.

Unprofessional Communication: The term unprofessional communication refers to the different forms of speaking, listening, writing and gestures in a casual manner which seems to be rude and not up to the mark.

Example: Verbally interrupting is an unprofessional method of not listening. Mobile phone rang in a meeting.


Kyong buys 6 small cans of wood stain. Each can contains 250 milliliters (mL). How many liters of stain did Kyong buy?

Answers

1 liter is 1000 milliliters. 6 times 250 is 1500. Kyong bought one and a half liter of wood stain.
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How do you divide 46/5 by 5.75? Help with these 3 please what physical properties of water cause it to be such a good solvent Ray knows that the m3 = m6. Which of the following conclusions can Ray make based on the given information? Lines l and m are parallel because alternate interior angles are equal. Lines l and m are parallel because alternate exterior angles are equal. Lines l and m are parallel because corresponding angles are equal. No conclusion can be made about the lines. What two numbers are the absolute value of 4 The two planets considered ice giants are In ABC the angle bisectors drawn from vertices A and B intersect at point D. Find ADB if: c C=130 Sons are encouraged to engage in _____ behavior, whereas daughters are encouraged to engage in _____ behavior. which translation rule can be used to prove that triangle r(10,6), s(8,4), t(6,6) and triangle r'(7,4), s'(5,2) t'(3,4)are congruent? a) (x,y) (x - 3, y - 2) b) (x,y) (x + 3, y + 2)c) (x,y) (x - 3, y + 2) d) (x,y) (x + 3, y - 2) Many of the artists discuss the processes that they go through in creating their art. How have these processes helped the artists? What benefits does the process have?PLEASE ANSWER ASAP! Which three sciencetists directly contributed to the ''all organims are composed of cells'' part of cell theory Classical civilizations developed? Whereas early river valley civilizations did not Allen's score in a video game was changed by -75 points beacuse he missed some targets. He got -15 points for each missed target. How many targets did he miss? How does "What to the Slave is the Fourth of July? relate to the Declaration of Independence? The no rth fo rk, was hita, lit tle, and kiam ichi rivers are all tributaries of the __________. A. Reed river b. Il linois river c. Cima rron river d. Can adian river Babysitting for 8 hours and making $72.00 or babysitting for 6 hours and making $57.00 Can anyone fill in the blanks for the potential and kentic energy? Also, is this showing energy transformation? Thank you so much! What is one way an author can use the setting of a story to build tension If a weight lifter holds a 200 kg barbell in place over his head, he _______ A:does no work because the force he applies does not cause the barbell to move.B: does work because the barbell is heavy to hold. 5. Solve the inequality. Show your work. 5y + 16 56-