If an employer's bills receivable stability will increase, more revenue has been earned with charge within the shape of credit score, so extra cash payments must be accrued in the future. then again, if a company's A/R balance declines, the bills billed to the clients that paid on credit score were acquired in cash.
Cash basis accounting records sales and prices when coins associated with one's transactions honestly are received or dispensed. Accrual accounting gives a more accurate view of a company's health along with money owed payable and accounts receivable.
The company's sales are increasingly paid with credit as the form of price instead of cash. lower in debts Receivable → The company has effectively retrieved coin payments for credit score purchases.
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<span>Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.</span>
Answer:
A family in a distant state gives bottled water to its dog, but a family in the hurricane area cannot find bottled water to drink.
Explanation: Hurricane is a natural phenomenon which occurs as a result of violent storms developing and accumulating in a given area, Hurricane can be very devastating destroying lives and properties. the most misallocation of resource considering the options is when a dog in A family in a distant state gives takes bottled water, but a family in the hurricane area cannot find bottled water to drink.
Net operating income was $24000
Fixed expenses=$96000
Sales=$300000
cost per unit=$20
unit sales=$15000 units
CM=$120,000
CM per unit=$8
BE units=FC/CM per unit=96000/8=12,000 units
