subject
Business, 18.02.2021 09:40 lilspike420

Vic Velakturi, owns a store that sells households daily usage products. Velakturi acquires her goods from a few select vendors. She generally makes purchase orders by on account. Sales are primarily for cash. Velakturi use a general journal and a general ledger for her record keeping. At the end of each business day, she records one summary entry for cash sales. Velakturi recently began offering items for corporates and offices. This has increased sales substantially, and she is now receiving orders from corporate and other clients who order large quantities and prefer to buy on account. As a result of increased credit transactions in both purchases and sales, keeping the accounting records has become extremely time-consuming. Velakturi wants to continue to maintain her own recording system and calls you for advice.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 11:50
Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.
Answers: 2
question
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
question
Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
You know the right answer?
Vic Velakturi, owns a store that sells households daily usage products. Velakturi acquires her goods...
Questions
question
Mathematics, 16.12.2019 02:31
question
Mathematics, 16.12.2019 02:31
question
Mathematics, 16.12.2019 02:31
question
History, 16.12.2019 02:31
question
English, 16.12.2019 02:31
question
Biology, 16.12.2019 02:31
Questions on the website: 13722360