On June 1, 2020, Sheffield Corp. sold merchandise with a list price of $76500 to Ivanhoe on account. Sheffield allowed trade discounts of 30% and 20%. Credit terms were 3/15, n/40 and the sale was made f. o.b. shipping point. Sheffield prepaid $950 of delivery costs for Ivanhoe as an accommodation. On June 12, 2020, Sheffield received from Ivanhoe a remittance in full payment amounting to .

He management's discussion and analysis (md& a) required in general purpose federal financial reporting is different than that required by gasb of state and local governments in that: a. it includes information about the agency's performance goals and results in addition to financial activities. b. it is outside the general purpose federal financial report and is optional, not required. c. it is a part of the basic financial statements and, as a result, it is audited along with the financial statements. d. there are no significant differences.

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false