Answer:
$55,054
Explanation:
Calculation for how much must the real estate sell for
Sales price =($50,000 + 1,200)/(100% - 7%)
Sales price=$51,200/0.93
Sales price =$55,053.76
Sales price =$55,054 (Approximately)
Therefore the amount that the real estate must sell for if the selling costs include a 7% commission and $1,200 in other expenses will be $55,054
Answer: (C) Zanda will have higher inventory carrying costs.
Explanation:
The inventory carrying cost is one of the type of overall holding inventory cost that helps in identifying the various types of business expenses and also storing the various types of unsold goods and the services in the market.
The inventory carrying cost is also known as the holding cost and it is basically responsible for handling the cost system by using the estimated formula.
According to the given question, Zanda corporation is basically using the level production plan for the purpose identifying their business factors such as costs, demand and the products.
So, based on the given information is Zanda will have the high inventory carrying cost statement is true. Therefore, Option (C) is correct answer.
Answer and Explanation:
The journal entries are shown below:
1. Cash Dr $1,000,000
To Bond payable $1,000,000
(Being the issuance of the bond is recorded)
For recording this we debited the cash as it increased the assets and credited the bond payable as it also increased the liabilities
2. Interest Expense Dr ($1,000,000 × 5% × 1 ÷ 2) $25,000
To Cash $25,000
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expense and credited the cash as it decreased the asset
The answer is 1 KB is equal to 1024 Bytes
Answer:
C. A price reduction that a producer gives to resellers to encourage
them to promote products
Explanation:
bcuz that's what advertising allowance is