Answer:
(i) The trial balance of Monroe Entertainment Co. is as shown below.
Amounts in $
Accounts Debits Credits
Accounts Payable 486.00
Fees Earned 2,807.00
Accounts Receivable 854.00
Insurance Expense 405.00
Prepaid Insurance 1,698.00
Land 2,275.00
cash 1,878.00
Wages Expense 519.00
Drawing 751.00
Capital <u> </u> <u> 5,087.00</u>
Balances <u> </u><u>8,380.00 </u> <u>8,380.00 </u>
(ii) Total debits is c.$8,380
Explanation:
The trial balance shows the balances of all accounts in terms of debits and credit and is used to check the mathematical accuracy of posted entries. The debits are the assets and expenses while the credits are the equity, income and liabilities.
Total debits is $8,380
Answer:
1.- $5,000
2.- 15,6415%
3.- 18,8051%
Explanation:
1.- It will be the cost saving of 3,800 and the contribution of $1.2 x 1,000 dozens of donuts sold
2.-Calculate using financial calculator
3.- The cashflow increases because there is more money at the end of the line, so the IRR increase as well
Answer: Relationship selling
Explanation:
Stuart in his sales transaction with Fortune 500 company, is carrying out relationship selling, where the seller tries to make sales by creating a friendly relationship with their buyers. Relationship selling helps the buyer to easily relate with the seller, thereby making sales very easy to transact.
Answer:
Workflow Definition
Explanation:
Workflow is a complete detailed process which helps to design a product. It consists of different phases that are separated and work together to finish the goods in time. Workflow is a complete step by step procedure from start to the end. It includes task, activities and all the responsibilities that are required in steps to finish a product.
Answer: Chemicals such as insecticides, pesticides, and others must be kept away because they can contaminate food, and make it poisonous to anybody. Some can cause burns, vomiting, diarrhea, and in very large amounts, drowsiness or death. Chemical products may cause immediate health effects, such as skin or eye irritation or burns, or poisoning. There can also be longer-term health effects from chemicals.
Explanation: