previously answered this question
Answer:
$80,160.
Explanation:
An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.
According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is
86,500 + 404,000 - 408,000 - 2,340
Answer:
the cost of goods sold to be recorded at January 14 is: $230 .
Explanation:
LIFO (Last in First out) method, assumes that the last goods purchased are the <em>first ones</em> to be issued to the final customer.
This means that valuation of inventory will begin using the value of the <em>earliest</em> goods purchased.
The Cost of goods sold is calculated as follows :
Cost of goods sold : 9 units × $14 = $126
13 units × $8 = $104
Total = $230
The correct answer is B. A debit to common stock distributed.
<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>
In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.
Answer:Lack of Feasibility studies
Explanation:
He might experience obstacle if he choose not to understand the area and its demand by the people around the selected area.
Secondly is lack of capital to start up the business.