Answer:
1. a) Dr Account receivable 16300
Cr Sales revenue 16300
b) Dr Cash 11200
Cr Account receivable 11200
2. Dr Inventory 4300
Cr Cash 1600
Cr Accounts payable 2700
3. Dr Wages expense 610
Cr Cash 610
4. Dr Cash 4200
Cr Advance from customer 4200
5. Dr utilities expense 270
Cr Utilities payable 270.
Answer:
ask the mechanic to document their findings
get a vehicle-history report online to look for evidence of odometer tampering
write a letter or email to the dealer, with copies of relevant documents
report the incident to the Better Business Bureau and your state attorney general
Explanation:
First of all, tampering the odometer is a federal crime. The first thing you need to do is gather evidence and go to the police. You can do this by asking your mechanic to document any alteration and looking for other evidence online also helps. E.g. if you buy a car that is 10 years old and the odometer records only 10,000 miles, you should be suspicious (plain common sense).
I doubt that writing an email works, but you could be lucky and get a favorable response from the dealer. Or more importantly, it can be used as evidence that the dealer was aware of the fraud and didn't do anything to correct it.
Reporting this incident to the Better Business Bureau can help prevent that other people are tricked by the dealer, but as soon as you have evidence of what happened you should report the crime.
Answer:
depriciation..it is the process of deducting the total cost of something expensive you bought for your business
Explanation:
calculations...purchase price-salvage value=depricable cost
Answer:
Contribution margin per unit = Sales price per unit – Variable cost per unit
$2 - $1.20=$0.80
The contribution margin per package is $ 0.80.
Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit $85,000 + $22,000/0.80 = 133,750 packages
Contribution margin per package = $2 - $1.00 = $1.00
Breakeven sales in units = Fixed expenses + Operating income ) / Contribution margin per unit
$100,000 + $22,000/$1= 122,000 packages
The firm will have to sell 122,000 packages to generate $22,000 of operating income. Socks unlimited would have to sell 11,750 less packages of socks to earn $22,000 of operating income. The increase in fixed costs was completely offset by the decrease in variable costs at the prior target profit volume of sales. Therefore, the firm will need to sell less units in order to achieve its target profit level.
Answer:
Cheap & effective
Explanation:
this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.