Public Sector: the part of an economy that is controlled by the government.
( The government controls the income, and everything part of a business)
Private Sector: the part of the national economy that is not under direct government control.
( Sometimes referred to as " a citizen run business" in which a citizen makes all the choices and decisions for what is best for their business)
Answer:
A. Internal
Explanation:
Internal supply chain refers to the chain of activities within a company that concludes with providing a product to the customer. This process involves multiple functions within companies such as sales, production, and distribution.
Processing of the grilled cheese and bread fall under the production option, while sake of the sandwich falls under sales and distribution.
Answer:
Dr Work in Process 574,000
Dr Manufacturing Overhead 163,000
Cr Wages Payable 737,000
Explanation:
Preparation of the journal entry to record the direct and indirect labor costs incurred during the year
Based on the information given the appropriate journal entry to record the direct and indirect labor costs incurred during the year will be :
Dr Work in Process 574,000
Dr Manufacturing Overhead 163,000
Cr Wages Payable 737,000
(574,000+163,000)
(Being to record direct and indirect labor costs incurred )
Answer:
The answers are:
A) total interest = p x r x t
where:
- p = $9,200
- r = 10%
- t = 2 years
total interest = $9,200 x 10% x 2 = $1,840
B) the total cost of the car = down payment + principal + total interest
total cost = $2,300 + $9,200 + $1,840 = $13,340
C) monthly payment = (principal + total interest) / total number of payments
monthly payment = ($9,200 + $1,840) / (12 x 2) = $11,040 / 24 = $460
D) APR = (total payments x total interest) / [principal x (total payments +1)]
APR = (24 x $1,840) / ($9,200 x 25) = 0.192 or 19.2%
Answer:
A. Asset as cash will increase by $59,000, asset in equipment will increase $14,000
B. Asset side in increased and decreased
C. Asset and liability will increase by $11,000
D. Asset will increase
E. Asset will increase
F. Asset will increase and decrease by $5,800
G. Asset will decrease
H. Asset will increase
I. Liability will decrease
J. Asset and capital will decrease by $1,200
Explanation:
Accounting equation is Asset = Liabilities + Capital
Accounting equation is affected in business transaction. The transaction in business have different effects some transaction are like hybrid which impacts the multiple accounts balances. There are some transactions which just involve asset side transaction increase and decrease on the same account this will offset the balance and no effect on equation.
