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4 years ago

Tristar Production Company began operations on September 1, 2016.

Business

1 answer:

vladimir2022 [97]4 years ago

8 0

Answer and Explanation:

1st Sep Land 85400/140000*120000 $73,200

Building 54600/140000*120000 $46,800

Cash $120,000

2nd Sep Equipment 42000*0.91743 $38,532.06

Discount 3780*0.91743 $3,467.94

Notes Payable $42,000

15th Sep Truck $2,700

Sales Revenue $2,700

18th Sep Organization Cost Expenses $4,000

Cash $4,000

10th Oct Machinery $17,600

Cash $17,600

2nd Dec Office Equipment $5,700

Common Stock $5,700

10th Dec Land $22,000

Cash $3,000

Notes Payable $19,000

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marissa [1.9K]

Answer:

The answer is option A. Designing a new backpack at an outdoor sports equipment company is an example of Product-level activity.

Explanation:

A product-level activity is carried out in support of a specific product or activity.

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Product level activities relate to specific products and must be carried out regardless of how many batches or units of product are produced or sold.

For example, designing a new backpack at an outdoor sports equipment company is product specific and could involve the production of units or batches to be sold.

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Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $901,000, payment due at delivery. (

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Answer:

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Explanation:

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3 years ago

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Katena32 [7]

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3 years ago

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3 years ago

Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe

umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

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3 years ago

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