Answer and Explanation:
The journal entries are as follows:
On May 4
Account payable $600
To cash $600
(Being cash paid is recorded)
On May 7
Account receivable $6,500
To service revenue $6,500
(being service on account is recorded)
On May 8
Supplies $800
To Account payable $800
(being supplies purchased on account)
On May 9
Equipment $1,000
To cash $1,000
(being cash paid)
On May 17
Salary expense $500
To cash $500
(being cash paid)
On May 22
Repair expense $800
To Account payable $800
(Being received bill for repairing of an equipment is recorded)
On May 27
Prepaid rent $1,100
To cash $1,100
(Being cash paid is recorded)
The number one economic growth would be other countries sending food water clothing etc does not actually help it causes the shops and stores that are there to close cause they get no buiseness so I guess I'm saying it is not poverty its actually people just getting lazy
Answer:
The correct option is (d)
Explanation:
Products have a cycle starting from introduction, growth, maturity and decline. This is called product life cycle. Considerable investment is required at introduction stage. Once the product is profitable, it enters growth stage and at maturity, it is at the most profitable stage. A product reaches decline stage as competitors step in and better products are made available in the market.
By adding features to its models, BMW is trying to lengthen its product life cycle so as to avoid the product's entry to decline stage soon.
The answer is C because you can't misuse your powers in business
Answer:
$0
Explanation:
Bonita is a person, not a company, therefore she cannot record operating losses. This is a not a common situation since you generally don't have more deductions than gross income, but it is a possible situation. For example, if Bonita had a lot of medical expenses during the last year and they accumulated to actually more than her salary. She may have paid them using her savings, selling some assets or by obtaining a loan.
