Answer:
Hazard
Explanation:
Hazard is any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment. It is synonymous with the term "threat".
As the Roxy corporation purchases the 180 shares of $53 per share, then the entry for the purchase would be as follow:<u> Debit Stock investment </u><u>9,540 (180*53)</u><u> and credit cash </u><u>9540.</u>
<h3>What is debit and credit entry?</h3>
A debit entry in an account represents the deductions from a revenue, net worth, or liability account. It shows the transfer of the value to the account.
A credit entry in an account that is used to decrease the value of an asset or increase the value of a liability.
In accounting, a debit entry is shown on the left side of an account ledger, and credit entry is shown on the right side of an account ledger.
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Answer:
$20,665
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items. These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
To reconcile the two balance moving from the bank statement balance to the cash account balance;
The amount of outstanding checks on Harris Company's June bank reconciliation is the net to amount of checks cleared and the total of checks written. This amount
= $4,948 + $41,405 - $25,688
= $20,665
The Company's customers of $348 was also returned marked "NSF is a part of the outstanding checks.
1) Many firms
2) Few artificial barriers to entry
3) Slight control over price
4)Differentiated products
Answer:
The number of units the company would have to manufacture during the year would be 780,000 units
Explanation:
To find out how much purchase is made, first we have to calculate the production level. The equation for production level is shown below:
Production level = Closing stock of finished goods + Sales - Opening stock of finished goods
= 76,000 + 730,000 - 26,000
= 780,000 units
Rest cost like opening and ending balance of raw material , required gram is irrelevant for computation part. Thus, it is not considered.
Hence, The number of units the company would have to manufacture during the year would be 780,000 units
