The answer is: [A]: "vertical scope" .
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Total assets 44900
Less: Liablities 14,550
Total Owner's equity 30,350
Less: Owner's capital 30,670
Add: Drawings 7,500
Less: Revenues 8,850
Expense 1,670
Assets =Liabilities +Owner's-Drawings+Revenues-Expense capital
44,900 = 14,550 + 30,670- 7,500 + 8,850 - 1,670
2. Jacob states a profit of $7,180
Net Income = Revenues – Expenses
= 8850–1670 = 7180
- Equipment, real estate, raw materials, and inventories are examples of tangible assets. Intangible assets include things like royalties, patents, and other intellectual property.
- The amount earned by an individual or corporation after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
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Answer:
C. debit to Finished Goods Inventory $ 3 comma 202 and a credit to Work minus Process Inventory $ 3 comma 202
Explanation:
The journal entry is shown below:
Finished goods inventory A/c Dr $3,202
To Work in process inventory A/c $3,202
(Being the job is completed)
The computation is shown below:
= Direct material cost + Direct labor cost + manufacturing overhead cost
= $360 + $2,030 + $2,030 × 40%
= $360 + $2,030 + $812
= $3,202
Answer:
deposit money
Explanation:
this is because it can not be online but checks are a way of transferring currency and so can not be currency so A deposit money is cancelled out answer
Answer: increased by $20 billion
Explanation:
Real GDP is year of interest is:
= (Nominal GDP in year of interest/ GDP Price index in year of interest) * 100
= 480/120 * 100
= $400 billion
Nominal GDP is equal to Real GDP in base year so increase in real GDP is:
= 400 - 380
= $20 billion
