Answer:
i would say b im not sure
Explanation:
Answer and Explanation:
1. Petty cash Dr, 150
To Cash account $150
(Being establishment of the fund is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
2. Office supplies $35
Entertainment expense Dr, $110
To Cash account (balancing figure) $140
To Cash short and over $5 ($150 - $35 - $110)
Here we debited the office supplies and entertainment expense as it increased the expenses and we credited the cash account as it decreased the current assets
3. Petty cash account $150 ($300 - $150)
To Cash account $150
(Being the increase in balance is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
Answer:
The best use is the duplex
Explanation:
The first possible use value, as a single home, is already given in the question: $155.000.
For the retail site, we have $60,000 per acre and 2.4 acres:
$60,000 x 2 + $60,000 x 0.4
=$144,000
A duplex has two units, and the value is $85,000 per unit:
$85,000 x 2 = $170,000
Therefore, the duplex gives the highest possible value of use to the 2.4 acres.
1.) b
2.)c
3.)b
4.)I think d
5.) a maybe
6.)c
Answer:
The correct answer is letter "D": sales less variable production, variable selling, and variable administrative expenses.
Explanation:
Contribution Margin is the difference between the revenue from sales and variable costs. This helps a company to analyze the profitability of individual products by calculating how earnings are influenced by sales. In other words, the contribution margin represents the portion of revenues that are used to cover fixed expenses such as administrative staff payments.
