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djyliett [7]
2 years ago
13

Suppose​ Fry's Electronics, Inc. provides​ $10,500 of computer support at the​ Dallas-Fort Worth store during the month of Novem

ber. How would​ Fry's Electronics record this​ transaction? Assume all customers paid in cash. What financial​ statement(s) would this transaction​ affect? Select the entry that properly shows how​ Fry's Electronics would record this transaction. A. Date Accounts Debit Credit Cash 10,500 Unearned Revenue 10,500
Business
1 answer:
marshall27 [118]2 years ago
5 0

Answer:

1. The following financial statements will be affected;

  • Cashflow Statement - The customers all paid in cash so this will increase the cash holdings of the company and go to the Operating activities section of the statement.
  • Income statement - These services provided refer to revenue for the company and so it will be counted as revenue in the income statement.
  • Balance Sheet - This transaction will increase the cash account in the balance sheet. It will also increase the retained earnings account as well.

2. There are limited options for the second question but the entry should be;

November, 20XX

DR Cash ...............................................................$10,500

CR Service Revenue..........................................................$10,500

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B. $132,000.

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a. 50, which is high by historical standards.

Explanation:

a. 50, which is high by historical standards.

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The correct answer is: rational decision-making model

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Decision-making is fundamentally a choice between different alternatives to solve a problem in the most efficient way possible, but it cannot be taken lightly, so there are several methodologies and several types of decision-making, in this article we will discuss a bit about the "Rational model of decision making".

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When an organization wants to reach its goals, it has to come up with strategies. No matter how big or small the organization is, it requires writing reports and business messages in order to understand its readers and analyze the audience receiving the message. With direct strategy approach, the main idea or purpose of the message comes at the top of the document while the indirect strategy approach conveys the conclusions and recommendations at the end of the message or report. It is the audience’s reaction conveyed through the messages that we are going to anticipate for. Direct strategy is used more when readers are supportive and eager to have results displayed to them first while indirect strategy is used more when readers need to be educated and persuaded.

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