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lidiya [134]
3 years ago
5

ASsume the following information:

Business
1 answer:
Dmitriy789 [7]3 years ago
8 0

Explanation:

The Journal entry is shown below:-

1. Accounts receivable Dr,           $938,000

     To Sales revenue                               $938,000

(Being Sales on account is recorded)

2. Cash Dr,                                     $915,000

     To accounts receivable                     $915,000

(Being collection of accounts receivable is recorded)

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A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for simil
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Answer:

Nonstructured pricing

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Nonstructured pricing is also called copy cat method of pricing and involves a pricing that is based on prices charged by similar businesses for a product or service. The business copy cats the prices of competitors. On the other hand structured pricing is done based on the firm's internal determination of the value of a product.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. He is using no structured pricing.

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What is a negative externality
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2 years ago
A company had beginning inventory of 12 units at a cost of $15 each on March 1. On March 2, it purchased 12 units at $24 each. O
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Answer:

The cost of the 28 units sold is $548

Explanation:

In the given question,  

On March 1 it purchase 12 units for $15 = 12 units × $15 = $180

On March 2 it purchase 12 units for $24 = 12 units × $24 = $288

On March 6 it purchase 7 units for $20 = 7 units × $20 = $140

And, on march it sold 28 units for $63 each  

The 28 units could be taken from  

12 × $15 = $180

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And remaining 4 units × $20 = $80

So, the total cost of units sold = $180 +$288 +$80 = $548

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