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damaskus [11]
3 years ago
15

You plan to construct a restaurant on a 20,000 square foot lot

Business
1 answer:
labwork [276]3 years ago
6 0

Answer:

8,000 square foot

Explanation:

Total space available 20,000 square foot.

60 percent  to be used. space left?

If 60% is will be used, only 40% will be availble for construction.

40% of 20,000= 40/100x 20,000

                          =0.4 x 20,000

                          =8,000 square foot

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Question 2
Gnesinka [82]

Answer:

Check the explanation

Explanation:

S.no. Date Particulars                                Debit ($)        Credit($)

1. 31.03.2020 Bank A/c Dr                           2800000  

To Equity Share Application A/c Cr                                  2800000

(Being Application Money received on Shares)    

2. 01.04.2020 Equity Share Application A/c2800000  

To Share Capital A/c Cr                                                    2000000

To Share Allotment A/c Cr                                                  800000

(Being allotment made to shareholders)    

3. 01.04.2020 Equity Share Allotment A/c  2000000  

To Equity Share Capital A/c Cr                                           2000000

(Being allotment amount transfer to capital account)    

4. 01.04.2020 Bank A/c Dr                         1200000  

To Equity Share Allotment A/c Cr                                       1200000

(Being Balance allotment amount received)    

5. 01.04.2020 Share Issue Expenses A/c Dr  10000  

To Bank A/c Cr                                                                      10000

(Being Share issue Expenses paid)    

6. 30.06.2020 Bank A/c Dr                           450000  

To Share Capital A/c Cr                                                       450000

(Being Right Share Issued)    

7. 01.10.2020 Bank A/c Dr                            250000  

To Share Capital A/c Cr                                                      250000

(Being Options given to shareholders)    

8. 01.10.2020 Share Expenses A/c Dr.     50000  

To Bank A/c Cr.                                                                    50000

(Being Option cost 50cents per share paid)    

9. 30.11.2020 Interim Dividend A/c Dr     120000  

To Bank A/c Cr                                                                    120000

(Being Interim Dividend Paid)  

3 0
3 years ago
During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direc
Marrrta [24]

Answer and Explanation:

The computation of the  direct labor efficiency variance is shown below;

= Standard Rate × (Standard Hours - Actual Hours)

= $22.50 × (4,760 Units × 2 hours per unit - 8,900)

= $13,950 Favourable

Hence, the direct labor efficiency variance is $13,950 favorable

We simply applied the above formula so that the correct amount could come

8 0
3 years ago
Flo is working on a construction site when she is injured on the job in the collapse of a girder company-made beam. at the time,
Bumek [7]
Injuries during working hours at a construction site leads to several legal consequences. If a person gets injured at working site, he/she can file civil law suit for negligence or product liability.
In the above situation, Flo was not wearing any safety wear while working on the construction site of a Grider company. She can file a product liability suit against the Girder company.
The company can most successfully raise the defense of "negligence". Since Flo was not wearing any safety wear during her working hours, the company can raise the defense of negligence because she knew that working on construction site without wearing safety gears may cause harm to her.
4 0
2 years ago
Making adjustments to general ledger accounts is an application of the Matching Expenses with Revenue accounting concept.
svetoff [14.1K]

Answer:

A. True

Explanation:

This two principles i.e matching principle and the revenue recognition principle are interrelated to each other

The matching principle is that the principle in which the expenses of a particular period and the revenues incurred of a particular year should be matched.  

Whereas the revenue recognition principle stated that whenever the revenue is earned it should be recorded whether cash is received or not  

So for recording the adjusting entries, these two principles are required

6 0
3 years ago
Target marketing differs from mass marketing in that target marketing :_________
abruzzese [7]

Answer:

<em><u>B</u></em><em><u>) is tailored to fit some specific target customers while mass marketing aims at everyone with roughly the same marketing mix. </u></em>

4 0
2 years ago
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