Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
<span>The statement that indicates Tina’s company is a partnership is the statement that is written in letter D. Which is he has a 30% share in Trisha's business. In a business partnership, it is essential for the businessmen to have financial shares. It is the answer for it clearly shows that there is a business partnership between the two.
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Answer:
c. Face validity
Explanation:
Since in the question it is mentioned that the company complaints with respect to the cost, also dont want to add other tests that leads to an ncrease in budget
Also, it the other assessment instrument would be added so this scenario represents the face validity that deals in the study or not for particular measures
Therefore the correct option is c. Face validity
Answer:
Total overhead = $50,000
Explanation:
Activity based costing is a method of allocating production cost to various activities, from example to accounting, sales, operations and son on. A given standard amount is multiplied by the units of an activity.
In this instance the overhead includes machine setup, factory maintenance, heating and lighting.
Total overhead= machine setup + factory maintenance + heating and lighting
Total overhead= 25,000+ 10,000+ 15,000
Total overhead = $50,000
Sales expense is a direct expense so is not included.
Technology will replace the workers and the new equilibrium will be at N2'.
Answer: Option 3.
<u>Explanation:</u>
Equilibrium in a perfectly competitive labor market happens when the supply of labor is equal to the demand of labor. As market compensation decline beneath the harmony rate, the interest for work is more noteworthy than the stock, making a deficiency of laborers.
The labor market is in balance when supply approaches request; E* laborers are utilized at a compensation of w*. In harmony, all people who are searching for work at the going compensation can get a new line of work. The triangle P gives the maker excess; the triangle Q gives the specialist overflow.
