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finlep [7]
1 year ago
7

Patel Paving collected $1,000 cash in advance from a customer to provide paving services next month. The entry to record this ca

sh receipt would include the following entries?
~Debit to cash
~Credit unearned paving fees
Business
1 answer:
maks197457 [2]1 year ago
6 0

The entry to record this cash receipt include <u>Credit to Unearned Paving Fees.</u>

A credit score is a trust which permits one party to offer money or assets to every other celebration in which the second birthday party no longer reimburses the primary party at once, but guarantees both to pay off or go back the one's sources at a later date.

Credit score ratings commonly vary from three hundred to 850. within that variety, rankings can commonly be placed into considered one of 5 classes: poor, fair, desirable, excellent, and superb.

A credit bureau maintains a month-on-month document of your payments toward your bills and loan compensation equated monthly installments for the beyond few years. normally by collating previous years' price history records, the credit bureau calculates your credit score rating.

Learn more about Credit here:-brainly.com/question/12200647

#SPJ4

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A firm sells peanuts in a perfectly competitive market. Upon increasing production output from 60 packages to 75 packages, the t
I am Lyosha [343]

Answer:

$75

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

The price per unit = $300 / 60 = $5

The marginal revenue for one unit is $5

Production increased by 15 units, so marginal revenue increased by $5 × 15 = $75

I hope my answer helps you

3 0
3 years ago
If the demand for a good falls when income falls, then the good is called a. a normal good. b. an ordinary good. c. a regular go
vladimir1956 [14]

Answer:

A. a normal good is the answer.

Explanation:

6 0
3 years ago
Sales skills are beneficial for all the following reasons except:
BaLLatris [955]

The skill is not beneficial for SWOT analysis.

Sales skills refers to skills which an individual must possess to excel in the sales industry.

  • Skills such as Active listening, Initiative, Empathy, Verbal communication skills, Positivity, Time management, Critical thinking, Self-regulation are example of sales skills needed to excel in sales industry.

  • Therefore, the skills to convince others that an idea makes sense, to show investors how a project or business will generate a return and to help employees understand the benefits of a new process are all example of sales skills.

In conclusion, sales skills is not beneficial for writing a company's SWOT analysis because the analysis is an internal factor.

Learn more about Sales skills here

6 0
3 years ago
In the ______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to
Natalka [10]

Companies identify the stakeholders who presently have or may in the future have a meaningful impact on the company in the first step of a stakeholder impact analysis.

The application of analytical tools and procedures to study how corporate actions may affect stakeholders is known as a stakeholder impact analysis or stakeholder analysis. Stakeholder impact analysis measures and analyzes the impact of business choices on the business's stakeholders using analytical tools and techniques. It is a crucial duty for business management. Making decisions pertaining to production, distribution, and final sales is done using it to develop business strategy. 

To learn more about stakeholder impact analysis here

brainly.com/question/28342377

#SPJ4

3 0
2 years ago
A company uses a process costing system. It's welding department completed and transferred out 100,000 units during the current
GuDViN [60]

Answer:

Option D is correct

Equivalent units

Material cost  = 122, 500

Conversion cost =  112,000

Explanation:

Equivalent units = Units × degree of completion(%)

Material cost

Item                               Unit                             Equivalent units

transferred out    100,000       100,000× 100%   = 100,000

Closing inventory   30,000      30,000     75%    =   <u> 22,500 </u>

Equivalent unit                                                            <u>122,500</u>

<u />

<u>Conversion cost</u>

Item                               Unit                             Equivalent units

transferred out    100,000       100,000× 100%   = 100,000

Closing inventory   30,000      30,000  ×  40%    =   <u> 12,000</u>

Equivalent unit                                                            <u>112,000</u>

<u />

Equivalent units

Material cost  = 122, 500

Conversion cost =  112,000

5 0
4 years ago
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