Answer:
$2,490
Explanation:
Based on the information given we were told that in order for the company to recognize his long as well as loyal service they awarded Ed a gold watch worth the amount of $105 which as well include the amount of $2,490 as cash bonus which means that the amount that Ed must include in his gross income will be the cash bonus amount of $2,490.
Therefore the amount that Ed must include in his gross income is $2,490
Answer:
All the answers are correct.
Explanation:
The cost of the processor chips is a <em>direct cost</em> because it is the vital thing of any laptops. Without a processor, the laptop is nothing but a heartless product.
The cost is <em>variable</em> because the price of a processor varies as there are various processors in the computer market.
The cost is a <em>product cost</em> because it is directly related to manufacturing a laptop.
Answer:
Dr Cash 1020
Cr Service revenue 1000
Cr Service fee 20
Explanation:
Service fee is expense of individual who is purchasing not store's expense.
- Total cash received by store is $ 1020 because 2% is service charges by master card,its is income of master card not store so store will treat as liability.
The only revenue of store is $1000.
<h2>The contract is invalid.</h2>
Explanation:
- An online though it has some cons like "cannot touch and feel, color may slightly vary from the original to the picture given, quality cannot be measured, etc".
- But the scenario given here is the expected / ordered color is different from the received one and it is wrong that the website is not accepting.
- This website is not user-friendly and the fault from the website side is not accepted which once again re-insist the unfriendliness.
- Any website should allow the user to do easy exchange and returns because of various reason said in point no.1.
- If the website continues with same invalid contract, then it will lose its name and lose the customer too.
