Clothesall, Inc, a retailer, accepts payment through credit cards
During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for card sales. (Ignore cost of goods sold.)
What will be an ideal response
Cash 11,640
Credit Card Expense 360
Sales Revenue 12,000
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The ________ section is the most important and most detailed portion of the report
A) method B) limitations C) conclusions D) findings E) recommendations
When testing a hypothesis, if the computed value is 39.7 and the critical z is 1.96, then:
A) the hypothesis is not supported B) the hypothesis is supported C) the critical z value needs to be changed D) a major assumption has been violated E) no statement can be made about the hypothesis based on this information