Answer:
Kelly Pitney
Explanation: Amount in $
May 3. Cash Dr.4,500
Unearned Revenue Cr.4,500
May 5. Cash Dr.2,450
Advance fee Cr.2,450
May 9.
Advertisement Expense Dr. 225
Cash Cr.225
May 13. Stationary Dr. 640
Cash Cr.640
May 15. Account Receivable Dr. 9,180
Service Revenue Cr. 9,180
May 16. Salaries Expense Dr.750
Cash Cr.750
May 17. Cash Dr.8,360
Service Revenue Cr.8,360
May 20. Supplies Dr.735
Supplies Payable Cr.735
May 21. Account Receivable Dr.4,820
Service Revenue Cr.4,820
May 25. Cash Dr.7,900
Service Revenue Cr.7,900
May 27. Cash Dr.9,520
Account Receivable Cr.9,520
May 28. Salaries Expense Dr.750
Cash Cr.750
May 30-31. Utility bill-Telephone Dr.260
Utility bill- Electricity Dr.810
Cash Cr.1,070
May 31. Cash Dr.3,300
Service Revenue Cr.3,300
May 31. Account Receivable Dr.2,650
Service Revenue Cr.2,650
May 31. Drawings Dr.10,500
Cash Cr.10,500
b. Trail Balance
Kelly Pitney
For the moth of May
Amount in $
Dr. Cr.
Cash 22,095
Unearned Revenue 6,950
Advertisement Expense 225
Stationary Expense 640
Account Receivable 7,130
Service Revenue 36,210
Salaries Expense 1,500
Supplies Payable 735
Supplies Expense 735
Electricity Expense 810
Telephone Expense 260
Drawings 10,500
Total 43,895 43,895
Answer:
Derived demand
Explanation:
Derived demand occurs when a good is requested not for benefits they directly provide, but for their contribution to another product.
For example capital, land, labour, and raw materials are demanded for their role in producing a final product.
So they can be seen as goods that have derived demand.
When they demand for the final product increases the good that has derived demand also increases, and vice versa.
Answer: Schlictor's operating leverage when 2000 units are sold is 3.
The degree of operating leverage is used to calculate the change in operating income with respect to a percentage change in sales.
We can calculate operating leverage of a firm with the help of the following formula:
Substituting the values from the question we get
![Degree of operating leverage = \frac{(50 * 2000) - (50*0.40*2000)}{[50*2000] - [(50*0.4*2000) + 40000]}](https://tex.z-dn.net/?f=Degree%20of%20operating%20leverage%20%3D%20%5Cfrac%7B%2850%20%2A%202000%29%20-%20%2850%2A0.40%2A2000%29%7D%7B%5B50%2A2000%5D%20-%20%5B%2850%2A0.4%2A2000%29%20%2B%2040000%5D%7D)
![Degree of operating leverage = \frac{100000 - 40000}{[100000] - [(40000) + 40000]}](https://tex.z-dn.net/?f=Degree%20of%20operating%20leverage%20%3D%20%5Cfrac%7B100000%20-%2040000%7D%7B%5B100000%5D%20-%20%5B%2840000%29%20%2B%2040000%5D%7D)
Answer:
i think its b even tho im probbly wrong
Answer:
Explanation:
Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.
