Answer:
gybgdgzhdndnxn nxnnxndndnenens
Answer:
Explanation:
The journal entry is shown below:
Petty cash A/c $200
To Cash A/c $200
(Being the petty cash fund is established)
Simply we debited the petty cash account and credited the cash account so that the correct posting can be done with the correct item and the correct value.
All other information which is given is not relevant. Hence, ignored it
Answer:
c. wholesale prices on supplies
Explanation:
- The franchises provide the financial assistance and are limited to only some of the franchises and provide the location services as they have experiences of choosing a successful location.
- <u>Also the training of the people for the manual operations and to carry out the operational services and also serves as the advertising and the efforts on a national regional and the local basis and the needed administrative support in terms of the human resource in the accounting etc.</u>
To solve for units sold at an income of $200,000:
First, I would subtract the variable cost of $8 from the unit sales price of $18 dollars which gives you $10.
Unit profit = $10
Fixed costs = $200,000
How many units need to be sold to earn an income of $200,000?
40,000 units x $10 = $400,000 - $200,000 = $200,000
40,000 units need to be sold to earn an income of $200,000.
Answer:
49 days
Explanation:
Account receivable turnover ratio = Net credit sales / Accounts receivable
Account receivable turnover ratio = $602,000 / $79,922
Account receivable turnover ratio = 7.53
Average collection period = 365/7.53
Average collection period = 48.47277556440903
Average collection period = 49
Thus, firm’s sales uncollected for year is 49 days.
