codycoker4200
28.12.2019 •
Business
Giorgio italian market bought $11,400 worth of merchandise from food suppliers and signed a 150-day, 8% promissory note for the $11,400. food suppliers journal entry to record the sales transaction is:
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Ответ:
Debit Notes Receivable $ 11,400 ; Credit Sales $ 11,400
Explanation:
The sales revenue is the amount of merchandise sold which is for $ 11,400 and Also, the receivable is $ 11,400 and hence recorded as notes receivable.
Ответ:
Disadvantages. Centralized authority is not without disadvantages. It can hinder creativity and innovation because decision-making is in the hands of a few at the top rather than spread out across the organization.
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