Answer:
limited liability company
Answer: Sales promotion
Explanation:
Promotion includes all the techniques sellers use to motivate/persuade people to purchase their product or services.
Sales promotion is a part of the promotional mix that uses media and non-media outlets to improve product awareness, increase consumer demands and marketability. It helps in stimulating consumers' interest in a product.
Sales promotion programs are designed to enhance personal selling, advertising, public relations, and other promotional efforts.
Sales promotions can take place both within/inside and outside an organization. It helps to attract new customers, with old existing customers and ease competition.
The correct option is A.
Under the allowance method, bad debt expense is recorded FOR AN AMOUNT WHICH THE COMPANY ESTIMATES IT WILL NOT COLLECT.
Allowance method is a method of accounting that is used to estimate the amount of uncollectibles at the end of each financial period. Uncollectibles refers to debts which the company has no hope of ever collecting them again.
Answer:
COGS= $680500
Explanation:
The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.
COGS=Beginning Inventory+Production during period−Ending Inventory
We need to calculate the production during the period.
Cost of manufactured period= Beginning work in progress inventory+ direct materials + direct labor + factory overhead - ending work in progress
Cost of manufactured period= 118,500+ 298,500 + 132,000 + 264,000 - 125,900 =$687,100
COGS= 232,100 + 687,100 - 238,700=$680500
Answer:TTG Landscaping Journal $
1.Dump truck Dr 150,000
Sales tax Dr 12,000
Logo. Dr. 200
Vehicle License Dr 900
Accident insurance Dr 2400
Cash. CR. 165,500
Narration. Being cost incurred on Dump truck and additional expenses incurred to make it usable.
2.
Dump truck Dr1 5500
Sales tax Cr 12,000
Logo. Cr. 200 Vehicle License Cr. 900
Accident insurance. CR 2400
Narration. Transfer of additional cost incurred on Dump truck purchase to Dump truck Accounts
The cost of an asset includes the purchase price, tax theron and other cost incurred to make it usable.
