Define a debit note and a credit note. In what circumstances are they used?​

Answers

Answer 1

Answer:

a debit note is seperate from an invoice and informs a buyer of current debt obligations.  A debit note is also a document created by a buyer when returning goods received on credit. In the case of returned items, the note will show the credit amount, the inventory of the returned items, and the reason for the return.

a credit note is a commercial document issued by a seller and sent to the buyer when there is a reduction in the amount payable to the seller. by issusing  a credit note the seller promises to pay back the reduced amount or adjust it in a subsequent transaction.

Explanation:


Related Questions

Wellness pharmaceuticals has released a new antidepressant, lexabuzac. Which type of monopoly does the company most likely have on this medication? natural monopoly de facto monopoly government monopoly technological monopoly.

Answers

The monopoly that the company most likely have on this mediation is technological monopoly. The correct option is d.

Monopoly as described by Irving Fisher, is a market with the absence of competition, creating a situation where a specific person or company is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market.

Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit.

Learn more about monopoly, here:

https://brainly.com/question/29765560

#SPJ7

An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: Group of answer choices 500. 100.

Answers

Answer:

Q:

An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is:

A. 100. B. 2,000. C. 500. D. 1,000. E. 800.

A:

Answer C. 500.

The break-even point volume is 500. Thus, option (c) is correct.

What is a break-even point?

The point at which a specific venture's entire costs and total revenues are equal is known as the break-even point. It is the period of time during which a company makes neither a profit nor a loss. When an organization reaches break-even, it has recovered its investment and is no longer losing money.

For the alternative business model, the following formula can be used to determine the break-even point volume:

Break-even point (units) is calculated as follows:

Fixed costs = (Sales price per unit - Variable costs per unit)

The monthly fixed expenditures are $10,000, the variable costs are $50 per unit, and the monthly revenue is $70 per unit.

Break-even point (units) equals $10,000 divided by ($70 - $50) equals 500 units.

As a result, the significance of the break-even point volume are the aforementioned.

Learn more about the break-even point, here:

https://brainly.com/question/29063970

#SPJ2

Your question is incomplete, but most probably the full question was.

An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is:

A. 100. B. 2,000. C. 500. D. 1,000. E. 800.

A network has only one critical path and the slack for noncritical activities is high. This network would appear to have a _______ level of sensitivity

Answers

The network would appear to have a low level of sensitivity if it has only one critical path and the slack for noncritical activities is high.

What is critical path of a network?

The Critical Path helps identify the most important sequence of tasks in a project which can be used by managers to reduce delay.

Also, critical path allows teams to identify the most important tasks in a project thereby providing a higher level of insight into a project's timeline.

Hence, the network would appear to have a low level of sensitivity if it has only one critical path and the slack for noncritical activities is high.

Learn more about critical path of a network here: https://brainly.com/question/13500584

How can volkswagen’s production capabilities best be described?.

Answers

The production capacity of a company like Volkswagen can be described as massive.

What is the production capacity?

Production capacity is a term to refer to the capacity of a productive unit to produce its maximum level of goods or services with a series of available resources, during a given period of time.

According to the above, we can infer that the production capacity of a company like Volkswagen is massive because its products are in most of the world.

An example of this is that in 2021 this company had a production of about 8.3 million cars worldwide. Due to the above, its production capacity can be described as massive.

Learn more about Volkswagen in: https://brainly.com/question/14103967

Mark is facing a crucial deadline. The work is more than he can handle in the amount of time, but he has not told his manager. He does not think his manager will assign any more resources to the

Answers

When Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance.

Who is a manager?

A manager simply means an individual who controls the team and ensures that the goals of the organization are achieved.

In this case, Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance. This is a communication barrier.

Learn more about managers on:

https://brainly.com/question/24553900

The problem causing most recessions is too little a. money (currency plus checking accounts). b. taxes. c. spending. d. unemployment.

Answers

Answer:

The answer is D: unemployment

The ability to include demand, capacity, material requirements, and constraints in defining alternatives is referred to as ______.

Answers

Simultaneous resource consideration.

Once the decision has been made to implement an ERP system, the initial step is to select an ERP vendor.
a. True
b. False

Answers

It is true that once the decision has been made to implement an ERP system the initial step is to select an ERP vendor.

Journal entry for paid telephone rent for the year by Cheque Rs. 500.​

Answers

Answer:

telephone rent A/c. Dr. Rs.500

To bank A/c. Rs.500

(being telephone rent paid )

The journal entry of the payment of telephone expenses is that the telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque.

Here is the journal entry for paid telephone rent for the year by Cheque:

The journal entry to record the payment of telephone expenses by cheque is as follows:

Date           Account Titles and Explanation                Debit             Credit

--------------------------------------------------------------------------------

2023-07-18    Telephone expenses                               $500

                                                 Bank                                                    $500

(To record the payment of telephone expenses by cheque.)

The telephone expenses account is a nominal account, which means that it is used to record expenses. The bank account is a real account, which means that it is used to record assets. The debit and credit entries are equal in amount, which means that the accounting equation is balanced. The journal entry is dated July 18, 2023, which is the date on which the payment was made. The explanation for the entry provides a brief description of the transaction.

In summary, the journal entry records the payment of telephone expenses by cheque. The telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque. The debit and credit entries are equal in amount, which means that the accounting equation is balanced.

Learn more about expenses here: brainly.com/question/29850561

#SPJ2

Describe two examples of debt investments

Answers

Answer:

Tax liens.

Real estate contracts.

Car loan notes.

Owner-financed mortgages.

Student loans.

They gotta above^^
But yes
1. Car loans
2. Tax liens
3. Real estate contracts
4. Owner-financed mortgage

The carrying value of bonds at maturity always equals:.

Answers

The carrying value of a bonds at the time of maturity will always equals: par value.

What is Par value?

Par value can simply be defined as the price of a bond or face value of a bond.

The carrying value of bonds at the time of maturity will always equals par value by adding or lessing the carrying amount or unamortized discount or unamortized premium.

Inconclusion the carrying value of a bonds at the time of maturity will always equals: par value.

Learn more about par value here:https://brainly.com/question/25765493

When someone buys a fourth television for his or her house, what is the
result?
O A. The increase in demand brings leads to higher prices for
televisions.
B. There's a rise in the opportunity cost of buying other goods.
C. The production of televisions becomes more efficient.
D. There's a decrease in the marginal utility of the television.
SUBMIT

Answers

Answer:

The correct answer is D. There's a decrease in the marginal utility of the television.

Explanation:

This is because marginal utility decreases when another of the same product is bought. Thus, this causes a decrease in the marginal utility of the television.

Hope this helps! Have an amazing day!

Businesses use firewalls to protect their networks from internal threats.
O True
False

Answers

True!
Correct on ED2022

36. Alfalfa Sprouts and Carrot Juice, LLC, a purveyor of health foods, healthy shakes, and

smoothies, buys local

farm fresh organic fruits and vegetables, nuts and beans. It also buys organic breads

and rolls for sandwiches.

The business has a restaurant area where customers can sit, order via an electronic

menu, and pay via the menu.

The company invests half of all profit into stock in environmentally friendly

corporations. It uses a portion of the

remaining profit to periodically purchase new equipment,

Where would the information regarding the company's investments and equipment

purchases be found on the statement of cash flows?

Answers

Answer: Cash flows from operating activities

Explanation:

The detail about the companies investment and equipment should be included in the Cash flows from investing activities. Thus, option (a) is correct.

What is cash flow statement?

A cash flow statement is a crucial tool for handling finances since it tracks an organization's cash flow. This statement is one of three major reports that assist determine a company's success, together with the balance sheet and the income statement sheet.

Cash flows from investment operations contain data about the company's stock acquisitions, property purchases, and equipment purchases. Cash inflows from the sale or acquisition of non-current assets are examples of investing activity. Therefore, it can be concluded that option (a) is correct.

Learn more about  cash flow statement here:

https://brainly.com/question/15278261

#SPJ2

Your question was incomplete, probably the complete question was....

O a. Cash flows from investing activities

b. Cash flows from ongoing activities

c. Cash flows from financing activities

d. Cash flows from operating activities

Texas has a relatively regressive tax structure when compared to most states, which means.

Answers

The regressive tax system used by Texas means poorer citizens pay a larger percentage of their income in taxes than do wealthier citizens.

What is regressive tax?

A tax is a complusory sum levied by the government or an agency of government on goods and services.

Regressive taxes are uses a flat rate, thus people who earn lower income pay a greater percentage of their income as tax when compared to those that earn a higher income. Examples of regressive tax are sales taxes, payroll taxes, excise taxes, and property taxes.

Here are the options to this question:

Poorer citizens pay a larger percentage of their income in taxes than do wealthier citizens.

poorer citizens do not have to pay taxes but also lack access to most public services

poorer citizens pay a smaller percentage of their income in taxes than do wealthier citizens.

Texas has a flat tax (taxing at the same rate for all incomes), which adversely affects poorer citizens.

To learn more about regressive tax, please check: https://brainly.com/question/9373731

#SPJ1

Builders weren't allowed to develop new properties in Cityville for six months. This is likely because the city had enacted a ______

Answers

Builders weren't allowed to develop new properties in Cityville for six months. Likely because the city had enacted a Moratorium.

What is Moratorium?

Moratorium can be defined as the process in which something or an activity is being suspended.

The suspension or delay on the activity can tend to be a  temporary suspension which is expected to last for a specific period of time.

Therefore Likely because the city had enacted a Moratorium.

Learn more about moratorium here:https://brainly.com/question/9458562

On Monday, Xi tells Yard Work Inc., that he will pay $500 if a variety of tasks are completed by Friday. On Wednesday, when Yard Work is more than half done with the work, Xi says that he has changed his mind. These parties had

Answers

Based on the agreement between Xi and Yard Work Inc. we can say that they had a unilateral contract when Yard Work Inc. began to work.

What is a unilateral contract?

This is a contract where one of the parties who is the offeror, says that they will pay for the services of the other party after those services have been completed.

This is a unilateral contract because Xi is the offeror and promises to pay Yard Work after they had completed the tasks he wanted.

Find out more on unilateral contracts at https://brainly.com/question/4538548.

In modern economies, _____________________ receive money from savers and provide funds to borrowers.

Answers

Answer:

financial intermediaries

In modern economies, financial intermediaries receive money from savers and provide funds to borrowers.

What is economies?

The term economy refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.

The process of banks as financial intermediaries, as according to modern economies. An "intermediary" is someone who acts as a go-between for two other parties. Banks are a type of financial intermediary, which means they act as a link between a saver who saves money with a bank and a borrower who gets a loan from the same bank.

As a result, in the modern economies, financial intermediaries receive money from savers and provide funds to borrowers.

Learn more about on economies, here:

https://brainly.com/question/951950

#SPJ12

Cane Company manufactures two products called Alpha and Beta that sell for $185 and $150, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 119,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials $ 40 $ 24 Direct labor 33 28 Variable manufacturing overhead 20 18 Traceable fixed manufacturing overhead 28 31 Variable selling expenses 25 21 Common fixed expenses 28 23 Total cost per unit $ 174 $ 145 The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars. Required: 1. What is the total amount of traceable fixed manufacturing overhead for each of the two products

Answers

The total amount of traceable fixed manufacturing overhead for Alpha and Beta will be $3332000 and $3689000.

How to compute manufacturing overhead?

From the information given, the traceable fixed manufacturing overhead for Alpha will be:

= 119000 × 28

= $3332000

The traceable fixed manufacturing overhead for Beta will be:

= 119000 × 31

= $3689000

Learn more about overhead amount on:

https://brainly.com/question/15739613

An inward, left shift in the supply curve (a decrease in supply) for pianos could be caused by _____.

A)ban increase in the price of pianos

B)improvements in the productivity of piano makers

C)an increase in the price of piano parts

D)decrease in consumer income

Answers

C. An increase in the price of piano parts(raw materials). Makes the firm purchase less raw materials(piano parts) to manufacture less finished goods(pianos) therefore less products(pianos) will be supplied.

The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm. Group of answer choices True False

Answers

The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm.

   ⇒ True

Hope that helps!

A young professional wishes to have $730000 in her retirement account. She invests $900 monthly in the account which earns 11.5% annually. Find the number of payments needed to reach her goal.

Answers

Based on the amount that she invests monthly, the interest rate, and the targeted retirement amount, the number of payments would be 42 payments.

How many payments should the young professional make?

The number of payments will be the same as the number of months/ periods because that is the frequency of payment.

The number of payments can therefore be found by the NPER formula on a Spreadsheet:

Rate = 11.5%

Pmt = -900

PV = Empty

FV = 730,000

Number of payments is:

= 41.76

= 42 payments.

Find out more on number of periods of payments at https://brainly.com/question/6819835.

Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit

Answers

The net profit is the money that a business earns after the deduction of the expenses for a period of time.

How to calculate the net profit?

Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.

The formula to calculate the net profit will be:

= Total revenue - Total expenses

Learn more about profit on:

https://brainly.com/question/19104371

Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit

PLEASE HELP!!! 25 Points+Brainliest
NO WRONG ANSWERS OR LINKS/DOWNLOADS
1. You're the network administrator at a call center. One employee comes to you because his computer shut down and won't turn back on. A few hours later, two other employees report that their connection to the network has been much slower than usual. The call center uses a LAN. Your job is to troubleshoot the problems.
a) What is your first step? (1 point)






b) You go through the first step and find that the power supply is not the problem. Now what do you do? (Hint: Think about the first person to come to you with a problem.) (2 points)






c) You now need to determine how much of the network is affected. What parts aren't working? What does this tell you about the problem? (2 points)






d) What is your next step after figuring out how much of the network has a problem? Why? (2 points)






e) You learn that one of the employees recently downloaded a game to his computer. Which employee most likely did so? Based on this, what do you think caused the network issues? How could you solve this problem? (3 points)

Answers

Answer:

a)checking the router to see if the hardware is all connected, go check the computer

b) ask the employee if he downloaded anything suspicious that could have led to the LAN network going down

c)from what I was told the internet is running slowly, a computer has been completely turned off

d)go to other employees and talk to them to see how far and big is the problem

e) I think when the employee downloaded the game I think it also came with a virus that infected the computer, to solve this I think we can get rid of that computer and get a new computer and everything might be solved

Explanation:

Nora needed to make a long-distance call from a pay phone and did not have the cash. She was able to make the call by using her:

Answers

Nora was able to make her long-distance call with the use of her Cash Card

What is a Payment Method?

This refers to the different mediums through which a person is able to make payments.

Hence, we can see that because of the long-distance call Nora wanted to make, she had to make use of her Cash Card to make payment because it is disposable and re-usable.

Read more about payment methods here:
https://brainly.com/question/12241387

You can eliminate negative parts of your credit score by closing accounts that are overdue.

Answers

This is not true. You cannot eliminate negative parts of your credit score by closing accounts that are overdue.

How are negative parts eliminated from a credit score?

When a person makes late payments on their credit account, this report is going to remain on their report for a period of about 7 years.

If the person goes ahead to close the account before this period, it still would not remove the late payment.

Read more on credit score here: https://brainly.com/question/2609368

List examples of words that can describe a store's image.​

Answers

Some words which can be used to describe a store's image are:

Public perceptionPersonal brand

What is Perception?

This refers to the way people view a business with regards to its ease of operations (or lack of it), and ethical outlook, etc.

Hence, we can see that a store that has a bad image, perhaps from selling substandard goods would have a bad/negative public perception and this would affect the business because they would lose customers.

Read more about personal brand here:

https://brainly.com/question/8042455

Roll over each factor to read the description. While prediction is imperfect, identify which of the factors below are better short-range predictors and which are better long-range predictors of movements in foreign exchange rates.

Answers

The long range predictors in the question are:

Relative monetary growthrelative inflation ratesnominal interest rate differentials

The short range predictors in the question are:

psychological factorsinvestor expectationsbandwagon effects

What are long range indicators?

These are the indicators that are able to provide a prediction for the way that an economy would be in the future.

What are short range indicators?

These are the instruments that are used periodically to check the economic trends whioch happenly usually more than once in a year.

Read more on economic indicators here: https://brainly.com/question/903754

In modern economies, credit cards are a _________________ because of their wide acceptance as a method of payment for both goods and services.

Answers

Answer:

médium of exchange that is your answer.

Volume is still the number one goal of all acute care hospitals since there is no financial penalties for readmissions A. True B. False

Answers

Volume is not number one goal of all acute care hospitals just because there is no financial penalties for readmissions.

What is acute care hospitals?

Acute care serves as the level of health care which involves the treatment of patient for a brief but severe episode of illness.

Therefore, giving patient the best treatment is the goal not volume i.e number of patients.

learn more about acute care hospitals at;

https://brainly.com/question/1382377

Other Questions
2.3 moles of Helium gas are at a pressure of 1.70 atm, and the temperature is 41C. What is the volume of the gas? What is the function of spines on cacti Section 1VariabilityWhich of the following survey question yields data withVariability? Write Y for yes or N for no.1) How many bananas did Joe eat yesterday?2) What is the population of Austin, Texas?3) What kind of sandwiches does your class like?4) What is the name of your teacher?5) How much do televisions cost?Unlock section 1 by finding the code.Instructions: Write the answers in order for #1-5. Write Y for yes andN for no. Use all capitals and no spaces. For example: YYYNNTA 3x^2=4x+3 Solve using quadratic formula Which of the party leaders do you think would be the best prime minister? (Liberal) or New Democratic Give 2 reasons for your choice. PLSSS HELP MEE 20 POINTS FOR HELPING ME A phylogenetic tree is shown.Which two organisms are most closely related to each other? A Pacific electric ray and pufferfishB pufferfish and swellfish C zebrafish and mouseD sharks and human What factor led civilization to develop a division of labor? Fractions of a revolution It starts at 12 and turns through 1/3 of a revolution Rohan owes $245.00 on his credit card. He makes a $120.00 payment and then purchase $60.00 worth of online games. What is the integer that represents the balance owed on the credit card? Question 6 of 20:Select the best answer for the question6. Jung's concept of the ego was separated into which two traits? Hint These two traits relate to your desire to be alone and your desire to be around others.A. Spirituality and scienceB. Introversion and extroversionC. Sadness and happinessD. Athleticism and intelligence X-2/x+3+10x/x^2-9Simplify the sum When Marcos is unhappy, he is mean to other children; he calls them names and behaves aggressively toward them. He often manipulates his peers into doing what he wants. Which of Karen Horneys coping strategy is Marcos using? I have drum lessons onChoose 1 answer:a) Tuesdays'b) Tuesday'sc) Tuesdays Solve the equation. Write the answer in terms of the natural logarithm. e^(8x+9)=14The Solution set is { }.Type exact answer in simplified form. Based on the last sentence and his words and actions throughout the chapter, is Atticusa good parent? Use at least TWO pieces of evidence to support your answer. Is this right? Please help me!! Tony was on the bumper cars at the amusement park. He turned his steering wheel 25 degrees to bump his friend. How many one-degree turns is this?100 one-degree turns50 one-degree turns2.5 one-degree turns25 one-degree turns In nervous system physiology, the definition of a reflex is a ________. An athlete is doing 3 sets and 12 repetitions of an exercise. What is the total volume of the exercise the athlete did? (a) 4(b) 36(c) 9(d) 15 Last week, Pauline worked 35 hours and made $280.How much money did Pauline make per hour?