Answer:
- Dr Merchandise Inventory 5,800
- Cr Accounts Payable 5,800
Explanation:
The only records that Anders Company should make on May 1 regarding the purchase of the merchandise form Shilling is:
Debit record Merchandise Inventory 5,800 (since merchandise inventory is an asset account, when it increases it should be debited)
Credit record Accounts Payable 5,800 (since accounts payable is an liability account, when it increases it should be credited)
Answer:
The correct answer is <em>''joint venture''</em>.
Explanation:
A <em>joint venture</em> is the name given, in the field of economics, to the term that refers to the strategy done by companies in where a specific situation is created giving place to the origin of a <em>business entity owned by two </em>or more companies who <em>shared together the risks and benefits</em> of that fusion between them.
On the other hand, <em>Cereals Partners Worldwide</em>, or CPW, <u><em>is a joint venture between General Milss and Nestlé</em></u> created in 1991 with the purpose of producing breakfast cereals with the manufacturing and marketing capability of General Mills and the distribution clout of Nestlé.
Answer:
C is the answer!
Explanation:
This is for plato students! Sorry, but I hope this is trustworthy enough! :)
Answer:
Rent charged on department one = $3,800
Explanation:
As per the data given in the question,
Department Square Feet
1 2,080
2 3,120
3 5,200
Total space 10,400
If rent is allocated on the basis of total square footage of space then
Rent of small building = $19,000 per period
Rent charged on Department one = (2,080 feet ÷ 10,400 feet) × $19,000
= $3,800
Please provide adequate options first.
